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Present Value ( LO 9 - 3 ) a . What is the present value of $ 1 4 0 , 0 0 0 to

Present Value (LO9-3)
a. What is the present value of $140,000 to be received after 30 years with a
14 percent discount rate?
b. Would the present value of the funds in part a be enough to buy a $2,900 concert
ticket?
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