What is the present value of?(4 marks) a.$8,500 in 8 years at 7 percent? b.$17,000 in 4
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Question:
What is the present value of?(4 marks)
a.$8,500 in 8 years at 7 percent?
b.$17,000 in 4 years at 9 percent?
c.$26,000 in 11 years at 6 percent?
d.$1,000 in 20 years at 15 percent?
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