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Intro The annual interest rate is 4%. Part 1 What is the present value (PV) of $1,000 that you'll receive in 6 years? 0+ decimals Submit Part 2 If you invest the amount found in part 1 now, how much will you have after 6 years? 0+ decimals Submit

Intro The annual interest rate is 4%. Part 1 What is the present value (PV) of $1,000 that you'll receive in 6 years? 0+ decimals Submit Part 2 If you invest the amount found in part 1 now, how much will you have after 6 years? 0+ decimals Submit

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Please correct and all parts if you cant pls skip.

Intro The annual interest rate is 4%. Part 1 What is the present value (PV) of $1,000 that you'll receive in 6 years? 0+ decimals Submit Part 2 If you invest the amount found in part 1 now, how much will you have after 6 years? 0+ decimals Submit
Transcribed Image Text:Intro The annual interest rate is 4%. Part 1 What is the present value (PV) of $1,000 that you'll receive in 6 years? 0+ decimals Submit Part 2 If you invest the amount found in part 1 now, how much will you have after 6 years? 0+ decimals Submit
Part 3 If you invest the amount found in part 1 now, how much will you have after 3 years? 0+ decimals Submit Part 4 If you invest the amount found in part 3 for another 3 years, how much will you have at the end? 0+ decimals Submit
Transcribed Image Text:Part 3 If you invest the amount found in part 1 now, how much will you have after 3 years? 0+ decimals Submit Part 4 If you invest the amount found in part 3 for another 3 years, how much will you have at the end? 0+ decimals Submit
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