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Business, 25.09.2021 01:00 ridzrana02

Using a present value table, your calculator, or a computer program presents value functions. Verify that the present value of $100,000 to be received in five years at an interest rate is 16%, compounded annually, is $47,610. Calculate the present value of $100,00 for each of the following items (part a-f) using these facts, except a. Interest is compounded semiannually
b. Interest is compounded quarterly
c. A discount rate of 12% is used
d. A discount rate of 20% is used
e. The cash will be received in three yrs.
f. The cash will be received in seven yrs.

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