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QUESTION 13 What is the present value (PV) of $100 received 6 years from now, assuming the interest rate is 8% per year? Note: Express

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QUESTION 13 "What is the present value (PV) of $100 received 6 years from now, assuming the interest rate is 8% per year? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer." 10 points Save Answer QUESTION 14 "If $500000 is invested in a certain business at the start of the year, the investor will receive $130000 at the end of each of the next 5 years. What is the present value of this business opportunity if the interest rate is 5% per year?Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer." 10 points Save

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