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Round to nearest whole dollar Determine the present value of $340,000 to be received at the end of each of four years, using an interest

Round to nearest whole dollar

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Determine the present value of $340,000 to be received at the end of each of four years, using an interest rate of 10%, compounded annually, as follows: a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. First year Second Year Third Year Fourth Year Total present value

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