What is the present value of $900 to be received 13 years from now discounted back to the present at 11 percent? The present value of $900 to be received 13 years from now discounted back to the present at 11 percent is Round to the nearest cent

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 2QTD
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What is the present value of $900 to be received 13 years from now discounted back to the present at 11 percent? The present value of $900 to be received 13 years from now discounted back to the present at 11 percent is Round to the nearest cent
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