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What is the present value of a $ 3 5 0 payment in one year when the discount rate is 1 0 percent? You must
What is the present value of a $ payment in one year when the discount rate is percent?
You must use the builtin Excel function to answer this question. All answers should be displayed as positive numbers.
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Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work.
Nothing in this area will be graded, but it will be submitted with your assignment.
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