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Problem 4-3 Calculating Present Values [LO 2] For each of the following, compute the present value: (Do not round intermediate calculations and round your answers
Problem 4-3 Calculating Present Values [LO 2]
For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Present Value | Years | Interest Rate | Future Value | |||||||||
$ | 10 | 6 | % | $ | 17,928 | |||||||
2 | 11 | 42,117 | ||||||||||
14 | 14 | 796,382 | ||||||||||
19 | 13 | 653,816 | ||||||||||
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