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You will receive $7,500 three years from now. The discount rate is 12 percent. What is the value of your investment one year from now?
You will receive $7,500 three years from now. The discount rate is 12 percent.
| What is the value of your investment one year from now? Multiply your answer to part a by .893 (one year |
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
