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What is the present value (PV) of $200,000 received six years from now, assuming the interest rate is 8% per year? Please Include formula and
What is the present value (PV) of $200,000 received six years from now, assuming the interest rate is 8% per year?
Please Include formula and mathematical steps to answer. If you can provide n,, i/y, pv, pmt, and fv for financial calculator, that would be great too
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