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Assuming a discount rate of 10%, the present value of $1,000 received one year from now is

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Assuming a discount rate of 10%, the present value of $1,000 received one year from now is

Assuming a discount rate of 10%, the present value of $1,000 received one year from now is
A) $990.00.
B) $909.09.
C) $1,100.00.
D) $1,900.00.

Textbook

Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach

Edition: 8^th

Author: Frasca

Read 140 times

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