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Java assignment statement that evaluates presentvalue

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Reference no: EM132430663

Problem: Suppose you own a bond that will pay a future value based on a given annual interest rate and the number of years in the future. Here's the formula for determining the present value (what you can sell the bond for now):

presentValue = futureValue / (1 + rate)years

Use Math class methods in a Java assignment statement that evaluates presentValue, rounded off to the nearest dollar.

Reference no: EM132430663

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