What is present value to be received at end of eight years

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Reference no: EM131339082

What is the present value of $800 to be received at the end of eight years, assuming the following annual interest rate?
a. 4 percent, discounted annually

b. 8 percent, discounted annually

c. 20 percent, discounted quarterly

d. 0 percent

Reference no: EM131339082

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