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Find the present value to be received at the end of year

What is the present value of $800 to be received at the end of one year if it must provide a return of 8%? What is the present value of $900 to be received at the end of one year? $1,500? What can you conclude about the effect of the amount expected to be received on its present value?

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Finance Basics: Find the present value to be received at the end of year

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