If the interest rate on an account is 8 percent annually, what is the present value of

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If the interest rate on an account is 8 percent annually, what is the present value of $40,000 to be received 5 years from today?

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Foundations of Finance The Logic and Practice of Financial Management

ISBN: 978-0132994873

8th edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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Question Posted: Apr 30, 2013 09:18 AM

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If the interest rate on an account is 8 percent annually, what is the present value of

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Foundations of Finance The Logic and Practice of Financial Management

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