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If the interest rate this year is 8.1% and the interest rate next year will be 10.1%, what is the future value of $1 after
If the interest rate this year is 8.1% and the interest rate next year will be 10.1%, what is the future value of $1 after 2 years? What is the present value of a payment of $1 to be received in 2 years?
1.Future Value
2.Present value
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