Question
What is the present value of the following future amount? $495,461 to be received 15 years from now, discounted back to the present at 6.36
What is the present value of the following future amount?
$495,461 to be received 15 years from now, discounted back to the present at 6.36 percent, compounded daily.
Round answer to 2 decimal places
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International Financial Reporting And Analysis
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
8th Edition
978-1473766853, 1473766850
