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Josh will inherit a lump sum amount of $620,000 that is payable in 10 years. The current rate of return is 3.3%. What is the
Josh will inherit a lump sum amount of $620,000 that is payable in 10 years. The current rate of return is 3.3%. What is the present value of the lump sum?
$857,818
$85,782
$64,046
$204,600
$448,114
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Financial and Management Accounting
Authors: Pauline Weetman
7th edition
1292086599, 978-1292086590
