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What is the present value of $385,000 to be received in 8 years from today. Assume a per annum discount rate of 16%, compounded annually.
What is the present value of $385,000 to be received in 8 years from today. Assume a per annum discount rate of 16%, compounded annually. (Round to nearest penny, e.g. 1234.56) Answer: Next page
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
