You are planning to move next year. You recently told your best friend that you have decided
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Question:
You are planning to move next year. You recently told your best friend that you have decided to sell all of your current furniture just prior to moving as you do not want to pay to transport it across the country. Your friend offered to pay you $2,000 next year for this furniture. What is your friend's offer worth today if you can earn 6% on your money?
A. | $1,779.99 | |
B. | $1,818.22 | |
C. | $1,886.79 | |
D. | $2,000.00 |
Related Book For
Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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