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At a certain rate of interest the present values of the following two payments are the same

i) $200 at the end of 5 years plus $600 at the end of 10 years

ii) $500 today

At the same interest rate $1000 invested now plus $2000 invested in 5 years will accumulate to P at the end of 10 years. Find P.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92062759

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