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If $11,000 is invested in a certain business at the start of the year, the investor will receive $3,300 at the end of each of
If $11,000 is invested in a certain business at the start of the year, the investor will receive $3,300 at the end of each of the next four years. What is the present value of this business opportunity if the interest rate is 7% per year?
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Financial Shenanigans How To Detect Accounting Gimmicks And Fraud In Financial Reports
Authors: Howard M. Schilit, Jeremy Perler, Yoni Engelhart
4th Edition
126011726X, 9781260117264
