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The present value of $10,000 to be received in 7 years with a discount rate of 5% compounded annually? You must use your financial calculator
The present value of $10,000 to be received in 7 years with a discount rate of 5% compounded annually? You must use your financial calculator to solve this problem or no credit will be given. You must show the keys and sequence used or no credit (i.e. [CPT] [FV], etc.) Your answer(s) should reflect 4 decimal places to the right of the decimal point or no credit
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