Compute the present value of $80,000, to be received in 10 years, if the interest rate is 12%

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 30P
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Compute the present value of $80,000, to be received in 10 years, if the interest rate is 12%.

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ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,