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For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present
For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
| Present Value | Years | Interest Rate | Future Value | |||||||||
| $ | 11 | 5 | % | $ | 19,028 | |||||||
| 3 | 10 | 43,217 | ||||||||||
| 15 | 13 | 807,382 | ||||||||||
| 20 | 12 | 664,816 | ||||||||||
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
