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You will receive $ 8 , 8 0 0 three years from now. The discount rate is 1 0 percent. ( Use a Financial calculator
You will receive $ three years from now. The discount rate is 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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