What is the present value of: a. $7,900 in 10 years at 11 percent? b. $16,600 in

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What is the present value of:

a. $7,900 in 10 years at 11 percent?

b. $16,600 in 5 years at 9 percent?

c. $26,000 in 14 years at 6 percent?

Related Book For answer-question

Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt , Eugene F. Brigham

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Posted Date: Mar 11, 2022 05:51 AM

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What is the present value of: a. $7,900 in 10 years at 11 percent? b. $16,600 in

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Solution a Given P 7900 R 11 T 10 Therefore P x Rx TO 10... View the full answer

Corporate Finance A Focused Approach

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