Question: What is the total present value of the following amounts: a.)$1000 received at the end of one year. Use a discount of 2.5% b.) $5000
What is the total present value of the following amounts:
a.)$1000 received at the end of one year. Use a discount of 2.5%
b.) $5000 received at the end of three years. Use a discount of 4.0%
c.) $10,000 received at the end of 10 years. Use a discount rate of 9%.
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