What is the present value
a. What is the present value of $200,000 to be paid at the end of 10 years, assuming an 8% interest rate?
b. What is the present value of $20,000 per year for 10 years, assuming an 8% interest rate
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What is the present value of $200,000 to be paid at the end of 10 years, assuming an 8% interest rate?
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