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Question 6 (1 point) If a single sum of $10,000 is to be received in 10 years, and the discount/interest rate is 5%, its present
Question 6 (1 point) If a single sum of $10,000 is to be received in 10 years, and the discount/interest rate is 5%, its present value is a) $10,000.00 b) $6,139.10 c) $16,288.90 d) $6,209.20 Page 6 of 11 4 of 11 questions saved
If a single sum of $10,000 is to be received in 10 years, and the discount/interest rate is 5%, its present value is a) $10,000.00 b) $6,139.10 c) $16,288.90 d) $6,209.20Step by Step Solution
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