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what is tbe present value of a loan tbat calls for tbe payment of $500 per year for six years if the discount rate is

what is tbe present value of a loan tbat calls for tbe payment of $500 per year for six years if the discount rate is 10 percent and yne forst payment will be made one year from now ? how would your answer change if $500 per year occured for ten years ?

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