SOLUTION: What is the present value of: $8,000 in 8 years at 8%

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Question 413172: What is the present value of:
$8,000 in 8 years at 8%

Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=8000(1+0.08)^8
A=8000*1.85
A=14,800