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Present Value of Amounts Due Assume that you are going to recelve 5250,000 in 10 years. The current market rate of interest is 6% is.

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Present Value of Amounts Due Assume that you are going to recelve 5250,000 in 10 years. The current market rate of interest is 6% is. a. Using the orestent value of 51 table in Echibt 5. determine the present value of this amount campounded annually Round to the nearest whale dollar. b. Why is the present value less than the $250,000 to be received in the future? The present walue is less due to over the 10 years. Exhibit 5 Present Value of \$1 at Compound Interest

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