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Problem 5-19 Present Values (LO2) If the interest rate this year is 8.5% and the interest rate next year will be 10.5%, what is the
Problem 5-19 Present Values (LO2) If the interest rate this year is 8.5% and the interest rate next year will be 10.5%, what is the future value of $1 after 2 years? what is the present value of a payment of $1 to be received in 2 years? (Do not round intermediate calculations. Round your answers to 4 decimal places.) Future value $ 1.2000 Present value
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