What is the present value of the following future amount? $311,205 to be received 15 years from

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What is the present value of the following future amount? $311,205 to be received 15 years from now, discounted back to the present at 5 percent, compounded annually.

Related Book For answer-question

Foundations of Finance The Logic and Practice of Financial Management

ISBN: 978-0132994873

8th edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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Posted Date: Apr 20, 2024 05:55 AM

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What is the present value of the following future amount? $311,205 to be received 15 years from

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Foundations of Finance The Logic and Practice of Financial Management

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