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Present Value How much would you have to invest today to receive: a. $12,000 in 6 years at 12 percent? b. $15,000 in 15 years

Present Value How much would you have to invest today to receive: a. $12,000 in 6 years at 12 percent? b. $15,000 in 15 years at 8 percent? c. $5,000 each year for 10 years at 8 percent? d. $40,000 each year for 40 years at 5 percent

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