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Business, 12.11.2020 18:50 violetagamez2
Steve Smith will receive $82,870 on 5 years from now, from a trust fund established by his father. Assuming the appropriate interest rate for discounting is 10% (compounded semiannually), what is the present value of this amount today? (Round factor values to 5 decimal places, e. g. 1.25124. Round answers to the nearest whole dollar, e. g. 5,275.)
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Steve Smith will receive $82,870 on 5 years from now, from a trust fund established by his father. A...
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