If the interest rate is 5 what is the present value of that
Suppose I promise you that I will give you $100 today, $120 next year, $120 the year after next, and $100 in three years. If the interest rate is 5%. What is the present value of that stream of payments?
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suppose i promise you that i will give you 100 today 120 next year 120 the year after next and 100 in three years if
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