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You are calculating the present value of $1 ,000 that you will receive ve years from now. Which table will you use to obtain the present value factor...

Accounting9_1.pngI don't understand the present value concept, Thanks for the help.

Accounting9_1.png

You are calculating the present value of $1 ,000 that you will receive five years from now. Which table will you use to obtain the present value factor to calculate the present value of that $1,000? 0 A. Present Value of $1 table 0 B. Future Value of $1 table O C. Present Value of Ordinary Annuity of $1
0 D. Future Value of Ordinary Annuity of$1

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1 comment
  • P.V=$1000(1+r)^-5 , n=5 not 6
    • GuruKioko
    • Nov 01, 2018 at 12:54am

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