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    Exam 6: Accounting and the Time Value of Money
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    Windsor Company Will Receive $100,000 in 7 Years
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Windsor Company Will Receive $100,000 in 7 Years

Question 33

Question 33

Multiple Choice

Windsor Company will receive $100,000 in 7 years.If the appropriate interest rate is 10%, the present value of the $100,000 receipt is


A) $51,000.
B) $51,316.
C) $151,000.
D) $194,872.

Correct Answer:

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