You have just obtained a scholarship and will receive 10000


Question: You have just obtained a scholarship and will receive $10,000 at the end of this year and another $15,000 in 2 years from now. If the appropriate interest rate is 7% p.a. compounding annually, what is the fair value of your scholarship? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: You have just obtained a scholarship and will receive 10000
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