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Questions
FINA3401.13791.202610 Practice with Respondus and Time Value of Money- Requires Respondus LockDown Browser
Short answer
If the present value is $52.5 and the rate of return is 0.059, how much will you have in one year?
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Standard Answer
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Approach Analysis
The problem gives a present value (PV) of 52.5 and a rate of return of 0.059 for one year. To find the amount after one y......Login to view full explanationLog in for full answers
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