Find the present value of the following if the compound amount is 10,500 at 10% converted annually for 65 years.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 5P
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Find the present value of the following if the compound amount is 10,500 at 10% converted annually for 65 years. 

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