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Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
النسخة 14الرقم المعياري الدولي: 978-1305653535Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
النسخة 14الرقم المعياري الدولي: 978-1305653535 تمرين 15
Present value of amounts due
Assume that you are going to receive $50,000 in 10 years. The current market rate of interest is 4%.
A. Using the present value of $1 table in Exhibit 5, determine the present value of this amount compounded annually.
B. Why is the present value less than the $50,000 to be received in the future?
Assume that you are going to receive $50,000 in 10 years. The current market rate of interest is 4%.
A. Using the present value of $1 table in Exhibit 5, determine the present value of this amount compounded annually.
B. Why is the present value less than the $50,000 to be received in the future?
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Present Value (PV) of Amounts Due: It re...
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
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