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  3. Study Set
    Fundamental Accounting Principles
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    Exam 26: Time Value of Money B
  5. Question
    The Present Value of $2,000 to Be Received Nine Years
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The Present Value of $2,000 to Be Received Nine Years

Question 34

Question 34

True/False

The present value of $2,000 to be received nine years from today at 8% interest
compounded annually is $1,000.

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