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Using Time Value of Money Tables
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Problem 10
Using Time Value of Money Tables
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10. Time Value of Money / Using Time Value of Money Tables / Problem 6
Problem 6
If you want to find the present value of \$5,000 to be received in 8 years at an interest rate of 4%, which factor from the table would you use?
A
0.750
B
0.790
C
0.730
D
0.680
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