Mathematics, 06.08.2021 17:20 ashelygarcia4321

Assume that you are going to receive $50,000 in 10 years. The current market rate of interest is 4%. Using the present value of $1 table in Exhibit 5, determine the present value of this amount compounded annually. Round to the nearest whole dollar.

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Assume that you are going to receive $50,000 in 10 years. The current market rate of interest is 4%....