You are scheduled to receive $ 3 0 , 0 0 0 in three years When you receive it , you will invest it for seven more years at 5 5 per year a How much will you have at the end of this time b What would be an equivalent Present Value

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You are scheduled to receive $ 3 0 , 0 0 0 in three years. When you receive it , you will invest it for

You are scheduled to receive $

30, 000

in three years. When you receive it

,

you will invest it for seven more years at

5.5 %

per year.

.

How much will you have at the end of this time?

.

What would be an equivalent Present Value?

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