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Use the compound interest tables to answer the following questions. (Click here to access the PV and FV tables to use with this problem.) Required:

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Use the compound interest tables to answer the following questions. (Click here to access the PV and FV tables to use with this problem.) Required: Round your answers to the nearest dollar. a. What is the present value on January 1,2018 , of $50 , 000 due on January 1,2024 , discounted at 7% and compounded annually? $ b. What is the present value on January 1,2018 , of $8 , 000 due on January 1,2026 , discounted at 10% and compounded semiannually? $

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