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exteesy07 exteesy07
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8 months ago

If X is the actual amount of income or receipts and i is the interest rate (in decimals) that could be earned on alternative uses of money that face the same risk, the present value of X one year from now is computed by



X/(1-i).



X/(1+i).



i/(1+X).



(X)(1 + i).



(i)(1 + X).

Textbook 
Economics

Economics


Edition: 12th
Author:
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aupadhay287aupadhay287
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8 months ago
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exteesy07 Author
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8 months ago
Thanks
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You make an excellent tutor!
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Smart ... Thanks!
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