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.Fantastic furniture pty ltd is expected to receive $2,592,000 in 3 years' time. The management...

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Accounting

.Fantastic furniture pty ltd is expected to receive $2,592,000 in 3 years' time. The management understands that the present value of this amount could be different. As a result, the management has approached you to help them calculate the present value of this amount. Please assume that the current interest rate is 20%.

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