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What Is the Present Value of $100 Three Years from Now

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What is the present value of $100 three years from now at an interest rate of 6%?


Definitions:

Greatest Common Factor

The highest number that divides exactly into two or more numbers without leaving a remainder.

Missing Factor

A value that, when multiplied with others, gives a specified result; often used in solving algebraic equations.

Greatest Common Factor

The largest number that divides two or more numbers without leaving a remainder.

Greatest Common Monomial Factor

The highest monomial that evenly divides all terms of a given polynomial.

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