Find present value of interest discounted at ten percent
A family trust will convey property to you in 15 years. If the property is expected to be worth $50,000 when you receive it, what is the present value of your interest, discounted at 10 percent?
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If the property is expected to be worth $50,000 when you receive it, what is the present value of your interest, discounted at 10 percent?
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