If you owe $30,000 at the end of seven years, how much should your creditor accept in

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If you owe $30,000 at the end of seven years, how much should your creditor accept in payment immediately if she could earn 11 percent on her money?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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