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What is the present value of: (Use a Financial calculator to arrive at the answers. Enter all values as positive. Round the final answers to
What is the present value of: (Use a Financial calculator to arrive at the answers. Enter all values as positive. Round the final answers to nearest whole dollar.) a. $9,500 in 14 years at 7 percent? Present value b. $29,000 in 9 years at 13 percent? Present value c. $38,000 in 17 years at 8 percent? Present value d. $1,000 in 20 years at 15 percent? Present value How much would you have to invest today to receive: (Use a Financial calculator to arrive at the answers. Round the final answers to the nearest whole dollar.) a. $13,000 in 8 years at 12 percent? Present value b. $16,500 in 19 years at 9 percent? Present value c. $6,700 each year for 17 years at 12 percent? d. $7,000 each year, at the beginning, for 35 years at 9 percent? $ e. $54,000 each year for 40 years at 9 percent? f. $54,000 each year for 40 years, at the beginning, at 9 percent
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