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Assuming money is worth 8% compute the present value of the following - be sure to...

Assuming money is worth 8% compute the present value of the following - be sure to include how you arrived at your answer

  1. $7,000 received 15 years from today
  2. The right to receive $1,000 at the end of each of the next six years
  3. The obligation to pay $3,000 at the end of each of the next 10 years
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