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    Calculating present values

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    For each of the following, compute the present value:

    Present Value Years Interest Rates Future Value
    6 5% $15,451
    9 11 51,557
    18 16 886,073
    23 19 550,164

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    Solution Preview

    Please refer attached sheet for undersatnding the use of MS Excel for such calculations.

    Values in dollars
    Years Rate ...

    Solution Summary

    The solution describes the steps in calculating present values for different combinations of future values, periods and discount rates.