What has the higher present value? (a) $18,000 to be received at the end of two years,

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What has the higher present value?
(a) $18,000 to be received at the end of two years,
(b) $9,000 to be received at the end of each of the next two years?

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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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Question Posted: Jul 17, 2012 01:15 AM

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What has the higher present value? (a) $18,000 to be received at the end of two years,

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Accounting

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