is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. The present value of

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Is Based On The Notion That A Dollar Paid In The Future Is Less Valuable Than A Dollar Paid Today The Present Value Of 1 (14.16 KiB) Viewed 52 times

is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. The present value of a loan in which $3000 is to be paid out a year from today with the interest rate equal to 4% is $. (Round your response to the neareast two decimal place) If a loan is paid after two years, and the amount $7000 is to be paid then with a corresponding 3% interest rate, the present value of the loan is $(Round your response to the neareast two decimal place)