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Required: 1. Calculate the present value for the following assuming that the money can be invested at 6% percent. (Round final answers to the nearest
Required: 1. Calculate the present value for the following assuming that the money can be invested at 6% percent. (Round final answers to the nearest dollar amount.) Present Value A tA a. You may receive $70,000 immediately. b. You may receive $93,000 at the end of eight years. You may receive $27,000 at the end of each year for eight years (a total of $216,000). Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables
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