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The Present Value of an Obligation of $8,000 Payable in 7

Question 30

Multiple Choice

The present value of an obligation of $8,000 payable in 7 years at 8% is: A) $3,520 B) $4,668 C) $6,412 D) $7,360
The present value of an obligation of $8,000 payable in 7 years at 8% is:


A) $3,520
B) $4,668
C) $6,412
D) $7,360

Correct Answer:

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