Dale Cooper just signed an annual contract for $100 a month parking garage (twelve payments of $100).
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Dale Cooper just signed an annual contract for $100 a month parking garage (twelve payments of $100). He considers his opportunity cost of money to be 12% annually for discounting. What is the present value of the parking contract?
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ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
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