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An investment will pay you $24,000 in 9 years. The appropriate discount rate is 9 percent compounded daily. Required: What is the present value? rev:
An investment will pay you $24,000 in 9 years. The appropriate discount rate is 9 percent compounded daily. |
Required: |
What is the present value? |
rev: 09_17_2012
$10,143.78 | |
$10,677.66 | |
$10,997.99 | |
$11,211.54 | |
$11,050.27 |
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