Question
The treasurer of Parkland Community Hospitals needs to determine the present value of a one-time $1,200,000 investment at the end of year 7. The discount
The treasurer of Parkland Community Hospitals needs to determine the present value of a one-time $1,200,000 investment at the end of year 7. The discount rate is 3% compounded annually, what is the present value?
| $975,710 | ||
| $821,780 | ||
| $109,400 | ||
| $882,000 |
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Auditing Fundamentals In A South African Context
Authors: Gerrit Penning, Rika Butler, Pieter Von Wielligh, Frans Prinsloo
2nd Edition
0190749040, 978-0190749040
