Question
What is the present value of $140,000 to be received after 30 years with a 14 percent discount rate? Use Appendix B as an approximate
What is the present value of $140,000 to be received after 30 years with a 14 percent discount rate? Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
22nd Edition
324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844
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