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Towne Station is saving money to build a new loading platform. Three years ago, theyset aside $23,000 for this purpose. Today, that account is worth

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Towne Station is saving money to build a new loading platform. Three years ago, theyset aside $23,000 for this purpose. Today, that account is worth $31,406. What is the Excel function for calculating rate of interest that Towne Station is earning on this investment? =Rate QUESTION 2 What is the present value of $45,000 to be received 50 years from today if the discount rate is 8 percent? Fill in the Excel function blanks below. PV=PV( 45000

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