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Business, 22.02.2020 02:08 kobiemajak

1. Use a financial calculator or computer software program to answer the following questions:

a. What is the present value of $450,000 that is to be received at the end of 20 years if the discount rate is 10%?
b. How would your answer change in (a.) if the $450,000 is to be received at the end of 15 years?

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