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What is the present value of $2,000 to be received in 5 years from now assuming an annual interest rate of 15%, compounded monthly? Group
What is the present value of $2,000 to be received in 5 years from now assuming an annual interest rate of 15%, compounded monthly? Group of answer choices $949 -$994 $994 -$949
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Introduction To Financial Management
Authors: Sudanshu Pandeya
1st Edition
1774695316, 978-1774695319
