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The present value of $13,000 received seven years from today,assuming an interest rate of 5% compounded annually is: A) 9,238.85 B) 17,550.00 C) 18,292.30 D)
The present value of $13,000 received seven years from today,assuming an interest rate of 5% compounded annually is:
A) 9,238.85
B) 17,550.00
C) 18,292.30
D) 19,500.00
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Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
