▼   Cash Flow Present Discounted Value Interest Rate is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. Part 2 The present value of a loan in which ​$3000 is to be paid out a year from today with the interest rate equal to 3% is ​$enter your response here. ​(Round your response to the neareast two decimal​ place) Part 3 If a loan is paid after two​ years, and the amount ​$3000 is to be paid then with a corresponding 1​% interest​ rate, the present value of the loan is ​$enter your response here. ​(Round your response to the neareast two decimal​ place)

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
Section: Chapter Questions
Problem 6SCQ: What is the total amount of interest from a 5,000 loan after three years with a simple interest rate...
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Cash Flow
Present Discounted Value
Interest Rate
is based on the notion that a dollar paid in the future is less valuable than a dollar paid today.
Part 2
The present value of a loan in which
​$3000
is to be paid out a year from today with the interest rate equal to
3%
is
​$enter your response here.
​(Round your response to the neareast two decimal​ place)
Part 3
If a loan is paid after two​ years, and the amount
​$3000
is to be paid then with a corresponding
1​%
interest​ rate, the present value of the loan is
​$enter your response here.
​(Round your response to the neareast two decimal​ place)
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