Question
How much is $\$ 1$ million to be delivered 20 years in the future worth today if the interest rate is 20 percent?
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We want to find the present value of $1,000,000 to be received in 20 years. Show more…
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How much is $1 million to be delivered 20 years in the future worth today if the interest rate is 20 percent?
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18,000,000+
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