Assuming that money is worth 10%, compute the present value of:
a. $15,000 received 15 years from today.
b. The right to inherit $4,250,000 14 years from now.
c. The right to receive $11,000 at the end of each of the next six years.
d. The obligation to pay $10,000 at the end of each of the next 10 years.
e. The right to receive $9,000 at the end of the 7th, 8th, 9th, and 10th years from today.
Answers: 3
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Assuming that money is worth 10%, compute the present value of:
a. $15,000 received 15 years from t...
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