Determine what is the present worth

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Question: If $10,000 is deposited in a 5% savings account and inflation is 3%, what is the value of the account at the end of year 20 in year-0 dollars? If the time value of money is 4%, what is the present worth? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132168933

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