Question
What is the total present value of $90 received in one year, $250 received in two years, and $800 received in five years if the
What is the total present value of $90 received in one year, $250 received in two years, and $800 received in five years if the discount rate is 8%?
A. $842.13
B. $803.24
C. $757.25
D. $681.68
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Cornerstones Of Financial Accounting
Authors: Bertrand Piccard, Jay Rich, Jeff Jones, Maryanne Mowen, Don Hansen, Nick Jones
1st Edition
0324657730, 9780324657739
