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    clove1 Posts: 2, Reputation: 1
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    #1

    Nov 29, 2008, 11:16 PM
    present value time
    I will receive $20,000 today(1/1/06) and also on each 1/1/ for the next 5 years . What is the present value of the six $20,000 receipts, assuming a 12% interest rate?
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    clove1 Posts: 2, Reputation: 1
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    #2

    Nov 29, 2008, 11:18 PM

    will receive $20,000 today(1/1/06) and also on each 1/1/ for the next 5 years . What is the present value of the six $20,000 receipts, assuming a 12% interest rate?
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