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Computing Present Values of Single Amounts and Annutities Computing Present Values of...

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Accounting

Computing Present Values of Single Amounts and Annutities

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Computing Present Values of Single Amounts and Annuities Refer to Tables 1 and 2 in Appendix A near the end of the book to compute the present value for of the following amounts. a. $1 E7-38. 20,000 received 10 years hence if the annual interest rate is: 1, 10% compounded annually. 10% compounded semiannually. b, $2,000 received at the end of each year for the next eight years discounted at 8% compo unded annually

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