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NinjaRick NinjaRick
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A year 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.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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finley07finley07
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A year ago
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NinjaRick Author
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A year ago
Smart ... Thanks!
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This site is awesome
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Thanks for your help!!
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