Loose Leaf for Financial Accounting: Information for Decisions
9th Edition
ISBN: 9781260158762
Author: John J Wild
Publisher: McGraw-Hill Education
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Chapter B, Problem 1E
Summary Introduction
Concept Introduction:
Present value is the value of money today. Present value of money is calculated using the interest rate and period. The future value of money is multiplied with the present value factor to get the present value.
To calculate: the present value of the investment.
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Chapter B Solutions
Loose Leaf for Financial Accounting: Information for Decisions
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Internal Rate of Return (IRR); Author: The Finance Storyteller;https://www.youtube.com/watch?v=aS8XHZ6NM3U;License: Standard Youtube License