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What is the present value of $5,000 received: a. Twenty years from today when the interest...

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Finance

What is the present value of $5,000 received:

a. Twenty years from today when the interest rate is 8% per?year?

b.Ten years from today when the interest rate is 8% per?year?

c.Five years from today when the interest rate is 8% per?year?

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a. Twenty years from today when the interest rate is 8% per?year?The present value of $5,000 received 20 years from today whenthe interest rate is 8% per year is ?$____. ?(Round to the nearest?dollar.)

b.Ten years from today when the interest rate is 8% per? year?The present value of $5,000 received 10 years from today when theinterest rate is 8% per year is $______. ?(Round to the nearest?dollar.)

c. Five years from today when the interest rate is 8% per? year?The present value of $5,000 received 5 years from today when theinterest rate is 8% per year is ?$____.?(Round to the nearest?dollar.)

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Present value PV Future value FV Rate of interest r Number    See Answer
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