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Other Fields Homework Help Accounting Topic started by: bernie2981 on Nov 16, 2015



Title: (Present value tables required) You win the lottery and must decide how to take the payout. Use an 8
Post by: bernie2981 on Nov 16, 2015
(Present value tables required) You win the lottery and must decide how to take the payout. Use an 8% discount rate. What is the present value of $15,000 a year received at the end of each of the next six years?
A) $90,000
B) $69,345
C) $74,893
D) $9,450


Title: Re: (Present value tables required) You win the lottery and must decide how to take the payout. Use
Post by: nuclei on Nov 16, 2015
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