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What's the present value of $200 to be received in 3 years if the interest rate is 4%, annual compounding? Please draw the time line
What's the present value of $200 to be received in 3 years if the interest rate is 4%, annual compounding? Please draw the time line and list the inputs of your financial calculator. (3 points) B. ANSWER: What annual interest rate would cause $200 to grow to $238.20 in 3 years? Please draw the time line and list the inputs of your financial calculator. (3 points) B
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