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Question: without referring to the preprogrammed function on your financial calculator...

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Without referring to the preprogrammed function on your financial calculator​, use the basic formula for present​ value, along with the given discount​ rate, r​, and the number of​ periods, n​, to calculate the present value of​ $1 in the case shown in the following table. Opportunity​ cost, r : 18% Number of​ periods, n : 12 The present value of​ $1 is - ​(Round to three decimal​ places.)

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