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Please help! Present value (with changing interest rates). Marty has been offered an injury settlement of $8,000 payable in 4 years. He wants to know
Please help!
Present value (with changing interest rates). Marty has been offered an injury settlement of $8,000 payable in 4 years. He wants to know what the present value of the injury settlement is if his opportunity cost is 3.5%. (The opportunity cost is the interest rate in this problem.) What if the opportunity cost is 7.5%? What if it is 11%? Present values. Fill in the present values for the following table, using one of the three methods below: Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Future Value Interest Rate Number of Periods $722.00 3% $72,552.00 6.5% $352,687.00 12% $27,702.17 17.5% 4 36 Present Value ? ? 22 ? 10Step by Step Solution
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