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Present value(with changingyears). When they are firstborn, Grandma gives each of her grandchildren P3'9 (Similar t0) 55 Question Help Q Present value (with changing years).

Present value(with changingyears). When they are firstborn, Grandma gives each of her grandchildren

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P3'9 (Similar t0) 55 Question Help Q Present value (with changing years). When they are rst born, Grandma gives each of her grandchildren a $2,500 savings bond that matures in 18 years. For each of the following grandchildren, what is the present value of each savings bonds if the current discount rate is 5%? Seth turned fourteen years old today. Shawn turned twelve years old today. Sherry turned nine years old today. Sheila turned five years old today. Shane was just born. EFF-99'!\" a. Seth just turned fourteen years old today and the current discount rate is 5%. What is the present value of his savings bond? QED (Round to the nearest cent.)

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