What is the present value of $ 10,000 five years from today if interest is? A. 10

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What is the present value of $ 10,000 five years from today if interest is?
A. 10 percent compounded annually?
B. 10 percent compounded semiannually?
C. 10 percent compounded quarterly?
D. Why do the answers above change?

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Introduction to Accounting An Integrated Approach

ISBN: 978-0078136603

6th edition

Authors: Penne Ainsworth, Dan Deines

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Question Posted: Mar 25, 2015 11:32 AM

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What is the present value of $ 10,000 five years from today if interest is? A. 10

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Introduction to Accounting An Integrated Approach

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