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Calculate the present value for Investment X and Y

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Reference no: EM132480240

Question - Investment X offers to pay you $4,900 per year for nine years, whereas Investment Y offers to pay you $6,500 per year for six years.

Required -

Calculate the present value for Investment X and Y if the discount rate is 4%.

Calculate the present value for Investment X and Y if the discount rate is 14%.

Reference no: EM132480240

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