What is the present value

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An investment will pay you $50,000 in 11 years. If the appropriate discount rate is 7.7 percent compounded daily, what is the present value?

Reference no: EM13258087

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What is the present value : An investment will pay you $50,000 in 11 years. If the appropriate discount rate is 7.7 percent compounded daily, what is the present value?
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