Denise will receive $1,000 in two years. If the interest rate is 5 percent, what is the

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Denise will receive $1,000 in two years. If the interest rate is 5 percent, what is the present value of this dollar amount?

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:53 AM

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Denise will receive $1,000 in two years. If the interest rate is 5 percent, what is the

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