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table below, excel, or use your calculator: John was given the option of receiving his bonus today for $77,000 or wait to receive a higher
table below, excel, or use your calculator: John was given the option of receiving his bonus today for $77,000 or wait to receive a higher amount of $95,000 in 10 years. Assuming annual compounding at a rate of 4%, what is the present value of $95,000? Round your answer to the nearest dollar
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
