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What is the present value of: a. $803 to be received 18 years from now at a 10 percent discount rate? b. $406 to be

What is the present value of:

a. $803 to be received 18 years from now at a 10 percent discount rate?

b. $406 to be received 7 years from now at a 5 percent discount rate?

c. $400 to be received 10 years from now at a 9 percent discount rate?

DO NOT COPY FROM CHEGG, OR I HAVE TO REPORT.

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