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    Accounting Principles
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    Exam 27: Time Value of Money
  5. Question
    If the Single Amount of $3000 Is to Be Received
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If the Single Amount of $3000 Is to Be Received

Question 8

Question 8

Multiple Choice

If the single amount of $3000 is to be received in 3 years and discounted at 6% its present value is


A) $2519.
B) $2830.
C) $2600.
D) $2820.

Correct Answer:

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