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If you want to have $200,000 in 3 years and you can earn 12%, how much would you have to deposit today? If you
If you want to have $200,000 in 3 years and you can earn 12%, how much would you have to deposit today? If you think you can sell an asset for $60,000 in five years and you think the appropriate discount rate is 9%, how much would you be willing to pay for the asset today? For example, you were buying a classic car.
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