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resent Value of Amounts Due Assume that you are going to recelve $260,000 in 10 years. The current market rate of interest is 4.5$4. a.

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resent Value of Amounts Due Assume that you are going to recelve $260,000 in 10 years. The current market rate of interest is 4.5$4. a. Using the aresent value of 51 table in Exhibit 5 , determine the present value of this amount compeunded annually Round to the nearast whole dolla: x b. Why is the present value less than the $260,000 to be recelved in the future? The present value is less due to t over the 10 years. Feeatheck 7. Dreck My Work. of cash to be recelved in the future

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