Question
Given a present value factor of 0.8548, assuming a 4% discount rate, the present value of $14000 payment received in 4 years is $2992. $11967.
Given a present value factor of 0.8548, assuming a 4% discount rate, the present value of $14000 payment received in 4 years is
$2992.
$11967.
$16378.
none of these answer choices are correct.
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Survey Of Accounting
Authors: James D. Stice, W. Steve Albrecht, Earl Kay Stice, K. Fred Skousen
1st Edition
0538846178, 978-0538846172
