Xin Su has been offered the opportunity to invest $44,401 now. The investment will earn 7% per
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Xin Su has been offered the opportunity to invest $44,401 now. The investment will earn 7% per year, and at the end of that time will return Xin $100,000. How many years must Xin wait to receive $100,000?
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Using tables Present value Future amount Present value of 1 Factor OR Present value of 1 Factor P...View the full answer
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Related Book For 
Principles Of Financial Accounting
ISBN: 9781118757147
1st Canadian Edition
Authors: Jerry J. Weygandt, Michael J. Atkins, Donald E. Kieso, Paul D. Kimmel, Valerie Ann Kinnear, Barbara Trenholm, Joan E. Barlow
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