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What Is the Present Value of $90000 Due 7 Years

question 23

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What is the present value of $90000 due 7 years from now discounted at 9%?
(b) What is the present value of $150000 due 5 years from now discounted at 12%?


Definitions:

Recidivism

The tendency of a convicted criminal to reoffend, often used as a measure of the effectiveness of criminal justice systems.

Radical Non-Intervention

A strategy in criminal justice which suggests that refraining from penal intervention in the lives of youths who commit crimes might lead to better outcomes than formal processing and punishment.

Moral Panic

Moral panic is a widespread feeling of fear, often an irrational one, that some evil threatens the well-being of society, leading to demands for immediate and strong actions to be taken.

Personal Protection

Measures and devices used to safeguard individuals from physical harm or violence.

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