Using table A.3, determine the present values of the following situations: 1. $10 000 in 5 years

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Using table A.3, determine the present values of the following situations:
1. $10 000 in 5 years at 12%, compounded yearly
2. $10 000 in 5 years at 10%, compounded half-yearly
3. $10 000 in 5 years at 8%, compounded quarterly.


Data from in Table A.3

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Related Book For  answer-question

Financial Accounting

ISBN: 9781118608203

9th Edition

Authors: John Hoggett, Lew Edwards, John Medlin, Keryn Chalmers, Jodie Maxfield, Andreas Hellmann, Claire Beattie

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