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What is the present value of $ 7 comma 000 received: a. Twenty years from today when the interest rate is 8 % per year?

What is the present value of $ 7 comma 000 received: a. Twenty years from today when the interest rate is 8 % per year? b. Ten years from today when the interest rate is 8 % per year? c. Five years from today when the interest rate is 8 % per year?

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