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How do I plug this into a financial calculator? Thanks for your help! Barkley Company will receive $400,000 in a future year. If the future
How do I plug this into a financial calculator? Thanks for your help!
Barkley Company will receive $400,000 in a future year. If the future receipt is discounted at an interest rate of 8%, its present value is $252,068. In how many years is the $400,000 received? a) 7 years b) 8 years c) 5 years d) 6 yearsStep by Step Solution
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