Question 2 What is the present value of $25,000 to be received in 5 years if your discount rate is 4% ? Round to the nearest whole number. 20548

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 11EB: How much would you invest today in order to receive $30,000 in each of the following (for further...
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Question 2
What is the present value of $25,000 to be received in 5 years if your
discount rate is 4%? Round to the nearest whole number.
20548
Transcribed Image Text:Question 2 What is the present value of $25,000 to be received in 5 years if your discount rate is 4%? Round to the nearest whole number. 20548
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