Question
The present value of $60,000 to be received in one year, at 6% compounded annually, is (rounded to nearest dollar) ______ . Use the present
The present value of $60,000 to be received in one year, at 6% compounded annually, is (rounded to nearest dollar) ______ . Use the present value table in Exhibit 8.
a.$56,075
b.$56,604
c.$53,572
d.$60,000
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Statistical Techniques For Analytical Review In Auditing
Authors: Kenneth W. Stringer, Trevor R. Stewart
1st Edition
047186076X, 978-0471860761
