Find the present value (PV) of $7,000 to be received one year from now assuming a 3

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Find the present value (PV) of $7,000 to be received one year from now assuming a 3 percent annual discount interest rate. Also calculate the PV if the $7,000 is received after two years.

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Introduction to Finance Markets Investments and Financial Management

ISBN: 978-1118492673

15th edition

Authors: Melicher Ronald, Norton Edgar

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Question Posted: Mar 27, 2015 12:17 PM

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Find the present value (PV) of $7,000 to be received one year from now assuming a 3

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Introduction to Finance Markets Investments and Financial Management

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