If you wanted to have $100,000 one year from today and desired to earn a 6 percent

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If you wanted to have $100,000 one year from today and desired to earn a 6 percent return, what amount would you need to invest today? Which amount has more value, the amount today or the $100,000 a year from today?

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Fundamental Managerial Accounting Concepts

ISBN: 978-1259569197

8th edition

Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds

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Question Posted: Dec 27, 2016 07:41 AM

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If you wanted to have $100,000 one year from today and desired to earn a 6 percent

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Fundamental Managerial Accounting Concepts

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