A 100,000 loan is due on January 1, 2024 What is the value on January 1, 2020 of the $100,000, due on January 1, 2024, discounted at 14 compounded annually Round to the nearest whole dollar if needed What is the value on July 1, 2018 of $100,000 due January 1, 2024 discounted at 20 (annual rate) c...

To calculate the present value of a future amount we need to discount it back to the present using the given interest rate In this case the future amo ...

A 100,000 loan is due on January 1, 2024. What is the value on January 1,...

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A 100,000 loan is due on January 1, 2024. What is the value on January 1,...

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To calculate the present value of a future amount we need to discount it back to the present using the given interest rate In this case the future amo... View the full answer

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