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    Principles of Economics Study Set 8
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    Exam 27: Tools of Finance
  5. Question
    Write the Formula to Find the Present Value of $750
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Write the Formula to Find the Present Value of $750

Question 19

Question 19

Short Answer

Write the formula to find the present value of $750 to be paid in 5 years if the interest rate is 3 percent.

Correct Answer:

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