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Current cd are paying annual interest

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Reference no: EM132218267

Calculate the PV for the following.

(1) $500,000 cash payment today, (2) $50,000 cash payments at the end of each year for twenty years, or (3) $1,000,000 in cash in one payment after 20 years. Current CD's are paying 3.50% annual interest

Reference no: EM132218267

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