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What is the present value of three lakh dollars

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Problem 1: You are offered ?$100,000 today or ?$300,000 in 13 years. Assuming that you can earn 11 percent on your? money, which should you? choose?

Problem 2: If you are offered ?$300,000 in 13 years and you can earn 11 percent on your? money, what is the present value of ?$300,000??

Reference no: EM132943314

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