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What amount must be invested today

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Bella requires $232000 in four years to purchase a new home. What amount must be invested today in an investment that earns 5% interest, compounded annually?

Swifty Corporation will receive $21500 today (January 1, 2017), and also on each January 1st for the next five years (2018 - 2022). What is the present value of the six $21500 receipts, assuming a 10% interest rate?

Vaughn Manufacturing will receive $1480000 in 6 years. If the appropriate interest rate is 8%, the present value of the $1480000 receipt is?

Reference no: EM132146280

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