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The CFO of the MHA Medical Center needs to determine the present value of a $500,000 future investment in medical equipments in 10 years from

The CFO of the MHA Medical Center needs to determine the present value of a $500,000 future investment in medical equipments in 10 years from now. What is the present value of this investment (i.e., $500,000) if the discount rate is 4%, 6%, 8%, and 10%, respectively? Assume compound interest method. Show your calculation below: Round to nearest fourth decimal points.

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