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INVESTMENT END OF YEAR A B C 1 $14,000 $14,000 2 14,000 3 14,000 4 14,000 5 14,000 $14,000 6 14,000 70,000 7 14,000 8
| INVESTMENT |
| |||
| END OF YEAR | A | B | C | |
| 1 | $14,000 | $14,000 | ||
| 2 | 14,000 | |||
| 3 | 14,000 | |||
| 4 | 14,000 | |||
| 5 | 14,000 | $14,000 | ||
| 6 | 14,000 | 70,000 | ||
| 7 | 14,000 | |||
| 8 | 14,000 | |||
| 9 | 14,000 | |||
| 10 | 14,000 | 14,000 | ||
What is the present value of investment A at a 23 percent annual discount rate?
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Basic Business Statistics Concepts And Applications
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
12th Edition
9780132168380
