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Phil Goode will receive $111,000 in 18 years. Sounds greatl However if current interest rates suggested for discounting are 15 percent, what is the present

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Phil Goode will receive $111,000 in 18 years. Sounds greatl However if current interest rates suggested for discounting are 15 percent, what is the present worth of his future "pot of gold"? (Use a Financial calculator to arrive at the answer. Round the final answer to the nearest whole doflar.) Present value

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