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Home Q & A Board Other Fields Homework Help Business Accounting
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NinjaRick NinjaRick
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1 months ago
Given a present value factor of 0.7921, assuming a 6% discount rate, the present value of $16,000 payment received in 4 years is

▸ $20,199.

▸ $3,168.

▸ $12,674.

▸ None of these answer choices are correct.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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finley07finley07
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More solutions for this book are available here
$12,674.

$16,000 × 0.7921 = $12,674
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NinjaRick Author
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1 months ago
Thanks for your help!!
megan.xo
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This site is awesome
dedricgard
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2 hours ago
Helped a lot
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