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How much would $20,000 due in 15 years be worth today if the discount rate were 7%? a. $6285.35 b. $7248.92 c. $4380.03 d. $6510.89
How much would $20,000 due in 15 years be worth today if the discount rate were 7%?
| a. | $6285.35 | |
| b. | $7248.92 | |
| c. | $4380.03 | |
| d. | $6510.89 | |
| e. | $5365.08 |
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Money And Capital Markets
Authors: Peter Rose, Milton Marquis
10th Edition
0077235800, 9780077235802
