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Dunston Company will receive $500,000 in a future year. If the future receipt is discounted at an interest rate of 10%, its present value is
Dunston Company will receive $500,000 in a future year. If the future receipt is discounted at an interest rate of 10%, its present value is $256,580. In how many years is the $500,000 received? 6 years 7 years 5 years 8 years Dunston Company will receive $500,000 in a future year. If the future receipt is discounted at an interest rate of 10%, its present value is $256,580. In how many years is the $500,000 received? 6 years 7 years 5 years 8 years
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