(a) What is the present value of $28,000 due 9 periods from now, discounted at 10%? (b)...

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(a) What is the present value of $28,000 due 9 periods from now, discounted at 10%?

(b) What is the present value of $28,000 to be received at the end of each of 6 periods, discounted at 9%?

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

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Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Sep 22, 2011 11:35 AM

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(a) What is the present value of $28,000 due 9 periods from now, discounted at 10%? (b)...

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a Discount rate from Table 3 is 42410 9 periods at 10 Present valu...View the full answer

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