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Question 29 of 50 If the interest rate is 10%, the present value...

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Accounting

Question 29 of 50
If the interest rate is 10%, the present value of $100,000 to be received one year from now is $90,910. Which two statements are correct?
The present value of receiving $50,000 at the end of each year for the next three years is less than $90,910.
The present value of receiving $50,000 at the end of each year for the next two years is more than $90,910.
The present value of receiving $25,000 at the end of each year for the next four years is more than $90,910.
The present value of receiving $50,000 at the end of each year for the next two years is less than $90,910.
The present value of receiving $25,000 at the end of each year for the next four years is less than $90,910.
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