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The annual interest rate is 5%. Attempt 3/5 for 6 pts. Part 1 What is the present value (PV) of $1,000 that you'll receive in

The annual interest rate is 5%.

Attempt 3/5 for 6 pts.

Part 1

What is the present value (PV) of $1,000 that you'll receive in 20 years?

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