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    Contemporary Business Mathematics Study Set 1
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    Exam 7: Simple Interest
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    What Is the Present Value of $41 230
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What Is the Present Value of $41 230

Question 100

Question 100

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What is the present value of $41 230.00 due in nine months if interest is 11.1%?

Correct Answer:

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S = 41230.00; r = 0....

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