What is the aggregate present value of $500 received

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Question: What is the aggregate present value of $500 received at the end of each of the next three years, assuming a discount rate of (1) 4 percent: (I) 25 percent.

At the end of six years, how much is an initial $500 deposit followed by five year-end, annual $100 payments worth, assuming a compound annual interest rate of (i) 10 per. cent? (It) S percent? (111) 0 percent?

Reference no: EM133559996

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