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What is the present value of an investment that pays $400 at the end of three years and $700 at the end of 10 years
What is the present value of an investment that pays $400 at the end of three years and $700 at the end of 10 years if the discount rate is 5 %? (explain the calculator solution with the cash flow function and frequency in the calculator, thank you very much) A) $424.60 B) $675.30 C) $1,100.00 D) $775.27 (explain the calculator solution with the cash flow function and frequency in the calculator, thank you very much)
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