Question
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New attempt is in progress. Some of the new entries may impact the last attempt grading.
Your answer is incorrect.
Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $25,000 due 12 periods from now, discounted at 5%? (Round answer to 2 decimal places, e.g. 25.25.)
Present value | $enter a dollar amount rounded to 2 decimal places |
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(b) What is the present value of $25,000 to be received at the end of each of 10 periods, discounted at 11%? (Round answer to 2 decimal places, e.g. 25.25.)
Present value | $enter a dollar amount rounded to 2 decimal places |
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