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 =…

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