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If the single amount of $400 is to be received in 2 years and discounted...

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Accounting

If the single amount of $400 is to be received in 2 years and discounted at 12%, its present value is: (Round to the nearest dollar.) 12%, 2 years annually Factor Present value of $1 0.797 Future value of $1 1.254 Present value of an annuity 1.690 Future value of an annuity 2.120

a. $502. b. $319. c. $676. d. $331. e. None of the options listed

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