Determine the discount rate assuming the PV of $1,000 at the end of 1 year is $980?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter1: Understanding Personal Finance
Section1.4: Perform Time Value Of Money Calculations
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Determine the discount rate assuming the PV of $1,000 at the end of 1 year is $980?

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