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3 years ago

6

7 determine the present value if $15,000 is to be received at the end of eight years and the discount rate is 9 percent. how wou

ld your answer change if you had to wait six years to receive the $15,000?

1 answer:

creativ13 [48]3 years ago

5 0

PW = 15000×1.09^-8 = $7527.99
PW = 15000×1.09^-6 = $8944.01

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