What is the present value
Problem:
An investment will pay you $82,000 in three years. Assume the appropriate discount rate is 6.5 percent compounded daily.
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Question: What is the present value?
Note: Please provide reasons to support your answer.
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An investment will pay you $82,000 in three years. Assume the appropriate discount rate is 6.5 percent compounded daily. Question: What is the present value?
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