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QUESTION 11 What is the present value of $900 per year (at the beginning of the year) for 7 years if the interest rate is
QUESTION 11
What is the present value of $900 per year (at the beginning of the year) for 7 years if the interest rate is 7%?
| A. | $ 5189.89 | |
| B. | $ 5468.12 | |
| C. | $ 5278.21 | |
| D. | $ 5001.56 | |
| E. | $ 4091.36 |
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
