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QUESTION
how much would 5000 due in 25 years be worth today if the discounted rate were 5.
how much would 5000 due in 25 years be worth today if the discounted rate were 5.5%
how much would 5000 due in 25 years be worth today if the discounted rate were 5.5% ?Solution:Present value = Future value/(1+r)nwhere, r = discount rate and n = number of yearsPresent value =...