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    Calculating the present value

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    The interest rate is 9 percent. What is the present value of $10 million to be received in 30 years?

    © BrainMass Inc. brainmass.com March 4, 2021, 5:38 pm ad1c9bdddf
    https://brainmass.com/business/accounting/3980

    Solution Summary

    This solution is comprised of a simple explanation of how to calculate the present value of an investment

    $2.49

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