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Formula 1 point
What is the present value of a cash flow of that you expect to occur eactly 8 years from today? The discount rate is . Round your answer to the
nearest penink
Type your answer_

Ask by Daniel Black. in the United States
Jan 24,2025

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Answer

The present value is $4,865.59.

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Beyond the Answer

To find the present value (PV) of a cash flow of expected 8 years from now at a discount rate of , you can use the present value formula:
Where:
Now, plug in the values:
So, rounding to the nearest penny, the present value is approximately .

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