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  • Nov 29, 2008, 11:16 PM
    clove1
    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?
  • Nov 29, 2008, 11:18 PM
    clove1

    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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