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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 55
What is the present value of $10,000 that will be paid to you in four years if the interest rate is 8 percent? Work it out to the nearest cent.
Explanation
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Present value is the today's value of st...
Microeconomics 9th Edition by Stephen Slavin
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