The factor from the present value table for ten years at ten percent is 0.3855....
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Accounting
The factor from the present value table for ten years at ten percent is 0.3855. If you want to find the present value of $8,000 under these assumptions (10 years and 10%), then you must do the following:
A.
Multiply $8,000 times 0.3855
B
Divide $8,000 times 0.3855
C.
Find a different factor
D.
None of the above
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