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Question 18 7.5 pts If you invest some money now, you will be generating $5,500 in five years, and $6,500 in six years. In or
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Answer #1

Present value=Cash flows*Present value of discounting factor(rate%,time period)

=5500/1.1^5+6500/1.1^6

which is equal to

=$7084.15(Approx)

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