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-BARSIC- [3]
3 years ago
10

5 find the present value of $7,000 to be received one year from now, assuming a 3 percent annual discount interest rate. also ca

lculate the present value if the $7,000 is received after two years.
Business
1 answer:
Aloiza [94]3 years ago
3 0
One year

7000×1.03^1 = $7210.00

two year

7000×1.03^2 = $7426.30
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