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Samuel Is Trying to Determine What It's Worth Today to Receive

Question 35

Multiple Choice

Samuel is trying to determine what it's worth today to receive $10,000 in four years at a 7% interest rate.He should use a table for the:


A) Future value of $1.
B) Present value of $1.
C) Future value of an annuity of $1.
D) Present value of an annuity of $1.

Correct Answer:

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