Question
Assume you will receive $100,000 in 15 years, and the appropriate interest rate is 7% per year. What is the present value of this cash
Assume you will receive $100,000 in 15 years, and the appropriate interest rate is 7% per year. What is the present value of this cash inflow? After you provide your answer, add a note about how you found it.
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
