SURVEY OF ACCOUNTING-ACCESS
SURVEY OF ACCOUNTING-ACCESS
4th Edition
ISBN: 9780077631536
Author: Thomas Edmonds
Publisher: McGraw-Hill Education
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Chapter 16, Problem 10Q
To determine

Provide a mathematical formula to ascertain the present value of $100,000 for five year at 14% rate of return, and provide the expression for the Excel spreadsheet function that would perform the present value conversion.

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