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What is the present value of $13,750 to be received 5 years from today if the discount rate is 5.75 percent?

This question was answered on Jul 20, 2016. View the Answer

What is the present value of $13,750 to be received 5 years from today if the discount rate is 5.75 percent?

Top Answer

 13,750/(1.0575)^5=$10... View the full answer

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The way to approach this... View the full answer

2 comments
  • give me a rate
    • ireenefaana
    • Jul 20, 2016 at 12:57pm
  • Net value will not go low $ 13,750
    • ireenefaana
    • Jul 20, 2016 at 12:58pm

Present Value  = Future value /... View the full answer

Future value = $13750 N = 5 years Discount = 5.75% Present... View the full answer

This question was asked on Jul 20, 2016 and answered on Jul 20, 2016 for the course FINANCE 512 at University of Phoenix.

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