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03-06-2023
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Question 3 Homework Unanswered What is the future value of $20,000 after 12 years earning 1.6% compounded monthly? Round to the nearest whole number. O Question 4 Homework Unanswered You are expecting to receive the following payments: $7,000 in one year and $5,000 three years from today. What is the total present value of these cash flows if your discount rate is 8% ? Round to the nearest dollar.

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