Assume the annual discount rate is 10% What is the present value of $2,500 that will be

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Assume the annual discount rate is 10%

What is the present value of $2,500 that will be received on this day in the year 2032 (0+ decimals)?

Note: You do not need to worry about an extra day's worth of discounting or anything unusual. Just assume a single cash flow arriving an exact number of years from today.

Related Book For answer-question

Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Posted Date: Jun 20, 2023 03:25 AM

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Assume the annual discount rate is 10% What is the present value of $2,500 that will be

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Financial Accounting and Reporting a Global Perspective

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