What is the future value and present value

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Reference no: EM13744906

(a) What is the future value of $7,000 at the end of 5 periods at 8% compounded interest?

(b) What is the present value of $7,000 due 8 periods hence, discounted at 11%?

(c) What is the present value of $7,000 to be received at the end of each of 20 periods, discounted at 5% compound interest?

Reference no: EM13744906

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