Appropriate discount rate for this type of investment

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Your investment advisor has a great investment that will pay you $100,000 in five years. You've determined that 8% is an appropriate discount rate for this type of investment. What is the value of the investment at the end of year 2? Show all work, including timeline with Step-by-Step calculations. Also, solve using the PV or FV formula, and solve showing your TVM calculator button values.

Reference no: EM131815694

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