Question
Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for four years, she will receive a bonus
Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for four years, she will receive a bonus of $4,500.
| With an annual discount rate of 3%, calculate the value today of receiving $4,500 in four years. Use Table 2.(Round "PV Factor" to 5 decimal places. Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
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The Principles And Practice Of Auditing
Authors: George Puttick, Sandra Van Esch
7th Edition
0702137723, 978-0702137723
