The present value of $6,000 you will receive 3 years from today is $5,333.98, assuming a 4%

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The present value of $6,000 you will receive 3 years from today is $5,333.98, assuming a 4% interest (discount) rate. What would the difference in the present value be if the interest (discount) rate was assumed to be 3%?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Dec 18, 2023 01:33 AM

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The present value of $6,000 you will receive 3 years from today is $5,333.98, assuming a 4%

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Personal Finance

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