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Please explain how to do this on a TI-83 calculator:))))) 8. Which has a higher present value a) $1,000 paid to you in 8 years

image text in transcribed Please explain how to do this on a TI-83 calculator:)))))

8. Which has a higher present value a) $1,000 paid to you in 8 years if the discount rate is 7% or b) $1,000 paid to you in 7 years if the discount rate is 8%

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