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Problem:

What is the present worth of the future payments listed below? Explain in detail.

A. $5500, 6 years from now, at an interest rate of 10% compounded annually

B. $8500, 15 years from now, at an interest rate of 6% compounded annually

C. $30,000, 5 years from now, at an interest rate of 8% compounded annually

D. $15,000, 8 years from now, at an interest rate of 12% compounded annually

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91146190

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