The present value of $3,000 at the end of seven years at 8% interest is a. $2,228.

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The present value of $3,000 at the end of seven years at 8% interest is

a. $2,228.

b. $1,749.

c. $3,000.

d. $15,618.


Select the best choice from among the possible answers given.

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Financial Accounting

ISBN: 978-0134725987

12th edition

Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.

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