Compute the present value of 1000 paid in three years using, Ask an Expert

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Compute the present value of $1,000 paid in three years using the following discount rates: 6 percent in the first year, 7 percent in the second year, and 8 percent in the third year. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Present value $

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92412073

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