Question
Calculate the discounted (present) value(P)at5.70% pasimple interest of a payment of $56,000 due at the end of 483 days. Give your answer in dollars and
Calculate the discounted (present) value(P)at5.70% pasimple interest of a payment of $56,000 due at the end of 483 days. Give your answer in dollars and cents to the nearest cent.
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Cases in Financial Reporting
Authors: Michael J. Sandretto
1st edition
538476796, 978-0538476799
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