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NEED HELP ASAP Homer expects to receive $ 250 two years from today. He also expects to receive $ 250 in three years and again
NEED HELP ASAP
Homer expects to receive $ 250 two years from today. He also expects to receive $ 250 in three years and again in four years. What is the present value of those payments one year from today? Assume an interest rate of 6.5 %. The present value of Homer's future payments is $ nothing. (Round to the nearest cent.)
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