Question: Present Value & Discounting Practice Question Discounting for Multiple Period Practice Question Part A) When Discount Factor = 0.91514165 Suppose you need $10,000 in 10

Present Value & Discounting Practice Question

Discounting for Multiple Period Practice Question

Part A) When Discount Factor = 0.91514165

Suppose you need $10,000 in 10 years time and you can earn 6.5% p.a. How much do you need to invest today to reach that goal?

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