Question: The Lexington Property Development Company has a $10,000 note receivable from a customer due in three years. How much is the note worth today if

The Lexington Property Development Company has a $10,000 note receivable from a customer due in three years. How much is the note worth today if the interest rate is
a. 9%?
b. 12% compounded monthly?
c. 8% compounded quarterly?
d. 18% compounded monthly?
e. 7% compounded continuously?

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