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The future value is 10,000 in 2 years. What is the present value using an interest...

The future value is 10,000 in 2 years. What is the present value using an interest rate (discount rate) of 5%.    Round to 2 points beyond decimal (hundredths)   

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Answer #1

What is the present value using an interest rate (discount rate) of 5%.

=10000/(1+5%)^2

=9070.29

the above is answer..

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