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Equivalent value of the payments today

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Two equivalent payments of $2000 each are to be received six and Twelve months from now. If the money ears 10% interest, what is the equivalent value of the payments today?

Reference no: EM131396982

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Equivalent value of the payments today : Two equivalent payments of $2000 each are to be received six and Twelve months from now. If the money ears 10% interest, what is the equivalent value of the payments today?
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