Bramble Corp. will receive $52000 today (January 1, 2020), and also on each January 1st...
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Accounting
Bramble Corp. will receive $52000 today (January 1, 2020), and also on each January 1st for the next five years (2021 2025). What is the present value of the six $52000 receipts, assuming a 13% interest rate?
A$489042.
B$207873.
C$234896.
D$432781.
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