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Calculate the present value of a lump sum of $1,000 received six (6) years in the future at a 5% discount rate. Give your answer
Calculate the present value of a lump sum of $1,000 received six (6) years in the future at a 5% discount rate. Give your answer in whole dollarsno decimals.
a) $600
b) $746
c) $1,000
d) $1,760
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The Routledge Handbook Of Critical Finance Studies
Authors: Christian Borch, Robert Wosnitzer
1st Edition
1138079812, 978-1138079816
