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What is the present value of $500,000 to be paid in 10 years? The annual interest rate is 8%. (FV of $1, PV of $1,
What is the present value of $500,000 to be paid in 10 years? The annual interest rate is 8%. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)
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