Compute the present value of $5,000 paid in two years using the following discount rates: 8 percent

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Compute the present value of $5,000 paid in two years using the following discount rates: 8 percent in the first year and 7 percent in the second year.

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Question Posted: Sep 23, 2014 10:24 AM

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Compute the present value of $5,000 paid in two years using the following discount rates: 8 percent

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Finance Applications and Theory

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