What is the present value of $500 paid 5 years from now? Assume that the...
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Accounting
What is the present value of $500 paid 5 years from now? Assume that the discount rate is 10% APR with annual compounding. Round your final answer to two decimals. Question 5 What is the APR of an account paying 20% EAR with monthly compounding? Enter your answer as a percent without the percent sign. Round your final answer to two decimals
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