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Hello im having a hard time with this and would like to know the steps.

you will receive $9,600 three years from now. The discount rate is 8 percent.(Use a Financial calculator to arrive at the answers. Round the final answers to nearest whole dollar.)

a.What is the value of your investment two years from now?

Value of investment$

b.What is the value of your investment one year from now?

Value of investment$

c.What is the value of your investment today?

Value of investment$

Posted Date: May 17, 2024 11:12 AM

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