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What is the present value of the following

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Reference no: EM131660508

What is the present value of the following? Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods.

a. $8,300 in 10 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

b. $17,000 in 5 years at 8 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

c. $26,700 in 14 years at 7 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Reference no: EM131660508

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