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How do find what is the present value

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Problem 1: You are offered ?$120,000 today or ?$320,000 in 15 years. Assuming that you can earn 11 percent on your? money, which should you? choose? If you are offered ?$320,000 in 15 years and you can earn 11 percent on your? money, what is the present value of ?$320,000??

Reference no: EM132942574

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