Question: Calculate the present value in 2 years using discount rates. Compute the present value of $4,000 paid in 2 years using the following discount rates:
Calculate the present value in 2 years using discount rates.
Compute the present value of $4,000 paid in 2 years using the following discount rates:
8% in the first year; and 7% in the second year. What is the value two years from today? value one year from today? and present value?
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