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Question 5 5 pts Which one of the following is the correct formula for computing the present value of $600 to be received in 6

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Question 5 5 pts Which one of the following is the correct formula for computing the present value of $600 to be received in 6 years? The discount rate is 7 percent. O PV = $600 x (0.07 x6) O PV = $600/(1+630.07 PV = $600 (1 +0.07) O PV = $600 (1+6) O PV = $600/(1+0.07) Previous Next >

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