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Assume that you will pay $1,700 cash annually for three years (at the end of the year), and that the discount rate is 4%.
Assume that you will pay $1,700 cash annually for three years (at the end of the year), and that the discount rate is 4%. Calculate the present value using PV of $1 formulas. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places, e.g. 5,275.25.) Present value $
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul A. Copley
10th Edition
007352705X, 978-0073527055
