Quiz Ch 05 – Present Value and Future Gift

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If your aunt has promised to give you $5,000 upon your college graduation in three years and you speed up your plans to graduate in two years, what will happen to the present value of the gift?

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  • Search Terms: a) $, $,. $,. e) aunt be college. constant. b) decrease. d) enable equal expect from gift give graduate has if increase. c) less now, now. of plans present promised remain speed than the three to two up value when will: years you your
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