Question
What is the present value of a $7,000 payment due three years from now at a discount of 8%? Select one: O a $5,556.83
What is the present value of a $7,000 payment due three years from now at a discount of 8%? Select one: O a $5,556.83 O b. $5,658.93 Oc. $18,039.67 Od. $6,481.48
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Principles of Accounting
Authors: Belverd Needles, Marian Powers, Susan Crosson
10th edition
618736611, 978-1111809508, 111180950X, 978-0618736614
