Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 5P
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![The present value of $10,000 discounted at 5% per year and received at the end of 5 years is](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F08623862-8300-4109-b90e-45024753dff6%2Fc5419e8c-0228-4f4c-9fae-5c2b66ccc6e5%2F522wyid_processed.png&w=3840&q=75)
Transcribed Image Text:The present value of $10,000 discounted at 5% per year and received at the end of 5 years is
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