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Social ScienceYou plan to buy some undeveloped land that should sell for $180,000 in three years. What is the most you can pay to ensure a 12% annual return?
You plan to buy some undeveloped land that should sell for $180,000 in three years. What is the most you can pay to ensure a 12% annual return?
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Present Value: The term present value is defined as the current or present day’s value of the amount which is ...
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