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    Exam 2: Compound Interest
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    Using the Exact Method,what Is the Present Value of $100,000
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Using the Exact Method,what Is the Present Value of $100,000

Question 55

Question 55

Multiple Choice

Using the exact method,what is the present value of $100,000 due in 19 months if j4 = 12%? (Answer to nearest dollar. )


A) $82,935
B) $82,927
C) $82,919
D) $82,901

Correct Answer:

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