Question: 3. Present value (L09-3Q) a. What is the present value of $140,000 to be received after 30 years with a 14 percent discount rate? b.

3. Present value (L09-3Q) a. What is the present value of $140,000 to be received after 30 years with a 14 percent discount rate? b. Would the present value of the funds in part a be enough to buy a $2,900 concert ticket

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