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You will receive $10,600 three years from now. The discount rate is 8 percent. (Use a Financial calculator to arrive at the answers. Round the
You will receive $10,600 three years from now. The discount rate is 8 percent. (Use a Financial calculator to arrive at the answers. Round the final answers to nearest whole dollar.) a. What is the value of your investment two years from now? Value of investment $ b. What is the value of your investment one year from now? Value of investment $ c. What is the value of your investment today? Value of investment $
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