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Compute the present value for the amounts

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Reference no: EM13149552

Compute the present value for each of the following amounts:

$90,000 received 10 years hence if the annual interest rate is 8% compounded annually OR 8% compounded semiannually

$1,000 received at the end of each year forthe next 8 years if money is worth 10% per year compounded annually.

Reference no: EM13149552

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