Question: ?(1)Using the given rates below, calculate the present value of a single future cash flow. Notice that the calculated present value will be negative, representing
?(1)Using the given rates below, calculate the present value of a single future cash flow. Notice that the calculated present value will be negative, representing a cash outflow or initial investment. HINT: Use the PV function. Present Value Interest Rate 0.11 Periods 16 Payments $0 Future Value $544,000 Present Value (PV)
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