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Compute the present value of a $2000 deposit in year 1 and another 1500 deposit at the end of year 3 if interest rates are 10 percent
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Compute the present value of a $2000 deposit in year 1 and another 1500 deposit at the end of year 3 if interest rates are 10 percent

User Collin Estes
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• deposit in year 1 = $2,000
• deposit in year 3 = $1,500
• Interest rate, r = 10% = 0.1

answer - $2,945.15!

hope this helps!!!


User Nikhil Utane
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