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Mr. Ravi Teja to receive 10,000 today. However, he knows that the value of money declines and hence wants to know the present value of
Mr. Ravi Teja to receive 10,000 today. However, he knows that the value of money declines and hence wants to know the present value of the amount received if it were received after (1) 1 year, (2) 2 years, (iii) 3 years (iv) 4 years and (v) 5 years. Take discount rate at 10%.
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