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Calculating the present value for given annual discount rate

Problem 1: (Present value) What is the present value of $15,000 to be received 11 years from today when the annual discount rate is 10%?

Problem 2: (Future value) What is the future value in three years of $30,000 invested today when the annual interest rate is 10%?

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Finance Basics: Calculating the present value for given annual discount rate

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