Use financial calculator-what is the present value

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Reference no: EM13825939

Use a financial calculator or computer software program to answer the following questions:

A. What is the present value of $359,000 that is to be received at the end of twenty-three years if the discount rate is 11 percent?

 

B. How would your answer change in (a) if the $359,000 is to be received at the end of twenty years?

Reference no: EM13825939

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