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help thank you will upvote Samuel is trying to determine what it's worth today to receive $10,000 in four years at a 7% interest rate.
help thank you will upvote
Samuel is trying to determine what it's worth today to receive $10,000 in four years at a 7% interest rate. He should use a calculation involving the: Multiple Choice present value of a single amount. future value of a single amount. present value of an ordinary annuity. future value of an ordinary annuity. In the future value of an ordinary annuity, the last cash payment will not earn any interest. True or FalseStep by Step Solution
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