Answer the following time value of money questions assuming the interest rate is 1 2 percent. What
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Question:
Answer the following time value of money questions assuming the interest rate is percent.
What is the present value of $ to be received in four years?
What is the present value of $ to be received in eight years?
What will be the value in seven years of $ invested today?
How much would you pay for the right to receive $ at the end of year $ at the end of year and $ at the end of year
How long will it take for a $ investment to double in value?
What will be the value in years of $ invested at the end of each year for the next years?
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