What is the present value of a 100 lump sum to be received

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Reference no: EM13617905

1) What is the present value of a $100 lump sum to be received in 5 years if the opportunity cost rate is 10 percent?

2) What is the future value of a $250 lump sum invested for 5 years in an account paying 7.8% percent interest?

Reference no: EM13617905

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