as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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calculate the current value of a 10-year loan of $1000 if the interest rate is 5%.
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the current value of a 10-year loan of $1000 with an interest rate of 5% is $836.51.
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