FUND OF FINANCIAL ACTNG (LL) W/CNCT COD
FUND OF FINANCIAL ACTNG (LL) W/CNCT COD
6th Edition
ISBN: 9781260692815
Author: PHILLIPS
Publisher: MCG
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Chapter C, Problem 5MC
To determine

To compute: the present value of $500,000 to be paid in 10 years with an interest rate of 8%.

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