Find the present value of (1) a single payment of 512,000 at 6 percent for 12 years,

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Find the present value of (1) a single payment of 512,000 at 6 percent for 12 years,

(2) 12 annual payments of 51,000 at 6 percent, (3) a single payment of 52,500 at 9 per- cent for five years, and (4) five annual payments of 52,500 at 9 percent. SE-10

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Financial Accounting

ISBN: 9780618310746

8th Edition

Authors: Belverd E. Needles Jr,, Marian Powers

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