The present value formula is:
PV = FV / (1 + r)^n
Where PV is the present value, FV is the future value, r is the interest rate, and n is the number of periods.
Using the formula, we have:
PV = 200,000 / (1 + 0.10)^0
PV = 200,000 / 1
PV = 200,000
So the
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