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Jimmy is scheduled to receive $38,000 five years from now. What is the Present Value of this cash inflow if the interest rate is
Jimmy is scheduled to receive $38,000 five years from now. What is the Present Value of this cash inflow if the interest rate is 10.2%, and it compounds semiannually (i.e. twice a year)? O $23,017.68 O $22,356.35 O $23,381.68 O $24,254.92
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Contemporary Engineering Economics
Authors: Chan S. Park
5th edition
136118488, 978-8120342095, 8120342097, 978-0136118480
