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Show Excel Formula An investment will pay you $65,000 in 10 years. If the appropriate discount rate is 7 percent compounded daily, what is the
Show Excel Formula
An investment will pay you $65,000 in 10 years. If the appropriate discount rate is 7 percent compounded daily, what is the present value? Future value of investment $ Number of years Discount rate Times compounded per year 65,000 10 7% 365 Complete the following analysis. Do not hard code values in your calculations. Your answer should be positive. Present value of investmentStep by Step Solution
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