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pls round to the nearest cent 15-19 (similar to) Question Help Related to Checkpoint 5.4) (Present value) Ronen Consulting has just realized an accounting error
pls round to the nearest cent
15-19 (similar to) Question Help Related to Checkpoint 5.4) (Present value) Ronen Consulting has just realized an accounting error that has resulted in an unfunded ability of $375,000 due in 30 years. In other words, they will need $375,000 in 30 years Tort Flanders, the company's CEO, is scrambling to discount the liability to the present to assist in valuing the firm's stock. If the appropriate discount rate is 8 percent, what is the present value of the liability? If the appropriate discount rate is 8 percent, the present value of the $375,000 liability due in 30 years is $_ (Round to the nearest cent.) Activate Windows Enter your answer in the answer box and then click Check Answer Clear A All parts showing O Type here to searchStep by Step Solution
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