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What is the present value on January 1, 2019, of $40,000 to be received on January 1, 2022, and discounted 8% compounded annually? (Click here
What is the present value on January 1, 2019, of $40,000 to be received on January 1, 2022, and discounted 8% compounded annually?
(Click here to access the PV and FV tables to use with this problem.)
Round your answer to two decimal places.
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Managerial Accounting An Introduction to Concepts Methods and Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
10th Edition
