What is the present value of $5,000 to be received in 4 years, assuming a discount rate of 6% per annum? a) $3,954.71 b) $4,125.32 c) $4,320.15 d) $3,751.36
What is the present value of $5,000 to be received in 4 years, assuming a discount rate of 6% per annum? a) $3,954.71 b) $4,125.32 c) $4,320.15 d) $3,751.36
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 15PROB
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