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content area top Part 1 A business promises to pay the investor of $ 2 comma 000 today for a payment of $500 in one
content area top Part 1 A business promises to pay the investor of $ 2 comma 000 today for a payment of $500 in one year's time, $1,000 two years' time and $1,000 in three years' time. What is the present value of this business opportunity if the interest rate is 3% per year
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Introductory Financial Accounting For Business
Authors: Thomas Edmonds, Christopher Edmonds, Mark Edmonds, Jennifer Edmonds, Philip Olds
2nd Edition
1260575306, 978-1260575309
