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Business, 03.08.2021 22:50 kleathers97

Your friend promises that in 16 years, he will give you $1,000. Assume the interest rate (a. k.a. discount rate) is 13% and assume no inflation happens over the time period. What is the value of that promise today

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Your friend promises that in 16 years, he will give you $1,000. Assume the interest rate (a. k.a. di...
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