Question
You expect to recerve one lump sum of Dhs 10,500 at the end of year 5 from today. Calculate the present value (PV) of
You expect to recerve one lump sum of Dhs 10,500 at the end of year 5 from today. Calculate the present value (PV) of that one lump sum amout today. Ausume the dst rate to be 8% per annum FV PV (1+)' For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt E AV 2
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Intermediate Accounting
Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones
11th edition
978-0538467087, 9781111781262, 538467088, 1111781265, 978-0324659139
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