What is the present value of a payment of $21,000 three years from now if the effective

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What is the present value of a payment of $21,000 three years from now if the effective annual interest rate is 4%?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Question Posted: Apr 30, 2013 07:30 AM

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What is the present value of a payment of $21,000 three years from now if the effective

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