Question
Question 22 help!!!! Joseph will receive $550,000 from his trust fund in 20 years from today. He assumes he could get a return of 6%
Question 22 help!!!!
Joseph will receive $550,000 from his trust fund in 20 years from today. He assumes he could get a return of 6% on his owr until then. How much is his trust fund payment worth in today's dollars?
which is the correct answer
$171,490
O $550,000
O $1,763,927
O $378,510
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Auditing ISO Management System
Authors: Dr. RAMESH R LAKHE, Dr. RAKESH L. SHRIVASTAVA, M M NAVEED, KRANTI P DHARKAR, Dr. C M SEDANI
1st Edition
1702203913, 978-1702203913
