Question
Swaniawski Co expects to receive $7,000 at the end of every year for a total of 6 years. If Swaniawski Co earns 6% on
Swaniawski Co expects to receive $7,000 at the end of every year for a total of 6 years. If Swaniawski Co earns 6% on its investments, what is the present value of these future cash receipts? Enter your answer as a positive number (round to the nearest dollar if necessary).
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
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