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    Exam 29: Rent, interest, and Profit
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    What Is the Present Value of $10,000 That Will Be
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What Is the Present Value of $10,000 That Will Be

Question 23

Question 23

Essay

What is the present value of $10,000 that will be paid to you in 4 years if the interest rate is 6%? Work it out to the nearest cent.

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