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3 years ago

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5 find the present value of $7,000 to be received one year from now, assuming a 3 percent annual discount interest rate. also ca

lculate the present value if the $7,000 is received after two years.

1 answer:

Aloiza [94]3 years ago

3 0

One year

7000×1.03^1 = $7210.00

two year

7000×1.03^2 = $7426.30

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2 years ago

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= Desire units - Beginning inventory units

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So,

=3,000 units - 1,000 units

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