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What is the present value of P1,000 received in 2 years if the interest rate is a). 12% per year discounted annually ? b). 12%

What is the present value of P1,000 received in 2 years if the interest rate is

a). 12% per year discounted annually ?

b). 12% per year discounted semi-annually?

c). 12% per year discounted monthly?

d). 12% per year discounted daily?

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