What is the present value pv of 359000 that is to be
a. What is the present value (PV) of $359,000 that is to be received at the end of 23 years if the discount rate is 11 percent? b. How would your answer change in Part (a) if the $359,000 is to be received at the end of 20 years?
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a what is the present value pv of 359000 that is to be received at the end of 23 years if the discount rate is 11
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