Assume the interest rate is 6% and quarterly compounding. 1. You are going to receive $12,000...
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Assume the interest rate is 6% and quarterly compounding. 1. You are going to receive $12,000 in ten years. What is the present value? 2. You are going to receive $2,550 at the beginning of each quarter over the next ten years. What is the present value? Draw Time Line of cash flows, describe inputs for financial calculator, and calculate answer Assume the interest rate is 6% and quarterly compounding. 1. You are going to receive $12,000 in ten years. What is the present value? 2. You are going to receive $2,550 at the beginning of each quarter over the next ten years. What is the present value? Draw Time Line of cash flows, describe inputs for financial calculator, and calculate answer
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