Question
(a) What is the present value of $28,300 due 9 periods from now, discounted at 7%? (Round answer to 2 decimal places, e.g. 25.25.) Present
(a) What is the present value of $28,300 due 9 periods from now, discounted at 7%? (Round answer to 2 decimal places, e.g. 25.25.)
Present value = $_________ (b) What is the present value of $28,300 to be received at the end of each of 12 periods, discounted at 9%? (Round answer to 2 decimal places, e.g. 25.25.)
Present value = $_________
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Managerial Accounting For Undergraduates
Authors: Christensen, Theodore E. Hobson, L. Scott Wallace, James S.
1st Edition
1618531123, 9781618531124
