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August 27, 2014

August 27, 2014

Posted by **rere** on Thursday, October 11, 2007 at 7:47pm.

b. r=8 percent. t= 20 years

c. r=4 percent. t= 10 years

d. r=4 percent. t= 20 years

- finance -
**economyst**, Friday, October 12, 2007 at 8:49aman EXCEL spreadsheet is very useful for these types of calculations.

PV = sum[ 100./((1.+r)^i) ]

where i goes from 1 to t.

take it from here.

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