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QUESTION
Your father will convey a property to you in 15 years. If the property is expected to be worth $350,000 when you receive it, what is the present
Your father will convey a property to you in 15 years. If the property is expected to be worth $350,000 when you receive it, what is the present value of the property? Your discount rate is 11.5%. show the calculator inputs (i.e. N, PV, etc.)
