The present value of $10,000 discounted at 5% per year and received at the end of 5 years is

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
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The present value of $10,000 discounted at 5% per year and received at the end of 5 years is
Transcribed Image Text:The present value of $10,000 discounted at 5% per year and received at the end of 5 years is
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