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The answer is not 100,000 To encourage sales, Berg was given a special deal on Interest. Additional Information: Future value of $100,000 in one year
The answer is not 100,000
To encourage sales, Berg was given a special deal on Interest. Additional Information: Future value of $100,000 in one year (quarterly interest) is $110,381. Present value of $100,000 for one year (quarterly Interest) is $90,595. What amount will Palmer use to record the sale to Perez? Multiple Choice $90,000 $90,595 $100,000 $110,381Step by Step Solution
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