Question: When they are first born, Grandma gives each of her grandchildren a $ 2 comma 5 0 0 2 , 5 0 0 savings bond

When they are first born, Grandma gives each of her grandchildren a
$2 comma 5002,500
savings bond that matures in 18 years. For each of the following grandchildren, what is the present value of each savings bonds if the current discount rate is
77%?

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