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Business, 26.08.2019 19:00 torybobadilla

The relationship between the present value of a future sum and the future value of a present sum can be expressed in terms of their respective interest factors. if the present value of $200,000 due at the end of 8 years, at 10%, is $93,300, what is the approximate future value of $200,000 invested for the same length of time and at the same rate?

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