A debt of $4875.03 is due October 1 2021, What is the value of the obligation on

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A debt of $4875.03 is due October 1 2021, What is the value of the obligation on October 1 2018 if money is worth 2% compounded annually?

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Financial Accounting

ISBN: 978-0133427530

10th edition

Authors: Walter Harrison, Charles Horngren, William Thomas

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Posted Date: Jan 09, 2021 02:36 PM

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A debt of $4875.03 is due October 1 2021, What is the value of the obligation on

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The value of obligation is 45925 Interest rate is 21 compounded am... View the full answer

Financial Accounting

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