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What is the present value of $1,000 to be received 2 years from now, if the discount rate is: (a) 10%, (b) 14%, and (c)

What is the present value of $1,000 to be received 2 years from now, if the discount rate is: (a) 10%, (b) 14%, and (c) 20%? 1. Use the appropriate table (Appendix C: Table 1) to answer the above questions. 2. Use the formula shown at the bottom of Appendix C, Table 1, to answer the above questions. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the formula shown at the bottom of Appendix C, Table 1, to answer the above questions. (Round "PV Factor" to 5 decimal places and "PV values" to 2 decimal places.) (a) Rate 10% (b) 14% (c) 20% PV Factor PV 0.82645 0.76947 0.69444

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