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Question 02/05 Use this partial present value of 1 table to determine the present value of $400,000 assuming an interest rate of 3 percent and 4 periods. Periods 1. 0.9901 0.9804 0.9709 0.9615 0.7803 0.9612 0.0126 16 0.9706 0.9423 0.8890 3.9610 0.9238 0-3513 0.9515 3.9507 0.8626 0.8219 O $400,000 O $355,400 $300.000 $450,197

Question 02/05 Use this partial present value of 1 table to determine the present value of $400,000 assuming an interest rate of 3 percent and 4 periods. Periods 1. 0.9901 0.9804 0.9709 0.9615 0.7803 0.9612 0.0126 16 0.9706 0.9423 0.8890 3.9610 0.9238 0-3513 0.9515 3.9507 0.8626 0.8219 O $400,000 O $355,400 $300.000 $450,197

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question 02/05 Use this partial present value of 1 table to determine the present value of $400,000 assuming an interest rate of 3 percent and 4 periods. Periods 1. 0.9901 0.9804 0.9709 0.9615 0.7803 0.9612 0.0126 16 0.9706 0.9423 0.8890 3.9610 0.9238 0-3513 0.9515 3.9507 0.8626 0.8219 O $400,000 O $355,400 $300.000 $450,197
Transcribed Image Text:Question 02/05 Use this partial present value of 1 table to determine the present value of $400,000 assuming an interest rate of 3 percent and 4 periods. Periods 1. 0.9901 0.9804 0.9709 0.9615 0.7803 0.9612 0.0126 16 0.9706 0.9423 0.8890 3.9610 0.9238 0-3513 0.9515 3.9507 0.8626 0.8219 O $400,000 O $355,400 $300.000 $450,197
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