Question: a . What is the present value of $ 1 2 0 , 0 0 0 to be received after 3 0 years with a

a. What is the present value of $120,000 to be received after 30 years with a 16 percent discount rate? Use AppendixBasan? approximate answer, but calculate your final answer using the formula and financial calculator methods.
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
Present value
a. What is the present value of $120,000 to be received

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