Question: P-13 Time value Jim Nance has been offered a future payment of $500 three years from today. I hans opportunity cost is 7% compounded annually.

P-13 Time value Jim Nance has been offered a future payment

P-13 Time value Jim Nance has been offered a future payment of $500 three years from today. I hans opportunity cost is 7% compounded annually. whar value should he plagranthin opportunity today? What is the most he should pay to purchase this

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