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( Present value ) What is the present value of the following future amounts? a. $600 to be received 10 years from now discounted back
(Present value) What is the present value of the following future amounts?
a. $600 to be received 10 years from now discounted back to the present at 10 percent.
b. $400 to be received 7 years from now discounted back to the present at 9 percent.
c. $1,100 to be received 12 years from now discounted back to the present at 4 percent.
d. $1,100 to be received 4 years from now discounted back to the present at 20 percent.
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