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Problem 5-5 (similar to) (Present value) What is the present value of the following future amounts? a. 5800 to be received 9 years from now
Problem 5-5 (similar to) (Present value) What is the present value of the following future amounts? a. 5800 to be received 9 years from now discounted back to the present at 10 percent b. 5400 to be received 8 years from now discounted back to the present at 9 percent c. 51,100 to be received 11 years from now discounted back to the present at 4 percent d. 51,050 to be received 6 years from now discounted back to the present at 19 percent a. What is the present value of $800 to be received 9 years from now discounted back to the present at 10 percent (Pound to the nearest cent)
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