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1. What is the Present Value of a $1,000 payment due in 10 years with a stated annual rate of return of 8%? 2. What is the Fu
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Answer #1

Ans -1

Present value factor of 10 years@8% is= 0.463193

So present value= 100000× .463119

Present value= $46319

Ans -2

Future value factor of 66 year@6$= 1.340

So future value = 1000×1.340

=$1340

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