Students must use the Present Value formula below when completing the following questions. Reminder, students...
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Accounting
Students must use the Present Value formula below when completing the following questions. Reminder, students must show their work for each question.
1. )You expect to earn a $105,000 lump sum payment in 5 years' time. If the discount rate is 8.25%, what would the payment be worth today? Calculate the Present Value
Reminder: PV = FV / (1+r)n
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You can see the logs in the Dashboard.