Question: that's all You present your client an invoice for $200,000 due now. Your client promises to pay you $250,000 in 5 years. If the prevailing

that's all

that's all You present your client an invoice for $200,000 due now.

You present your client an invoice for $200,000 due now. Your client promises to pay you $250,000 in 5 years. If the prevailing interest rate is 6% compounded annually, what is the present value of the sum the client is promising to pay you in 5 years

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