The rate of earnings is 12% and the cash to be received in 2 years...
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Accounting
The rate of earnings is 12% and the cash to be received in 2 years is $99,995. Determine the present value amount, using the following partial table of present value of $1 at compound interest: (round to two decimal points). Year 6% 10% 12% 0.943 0.909 0.893 0.826 0.890 0.840 0.792 0.797 0.712 0.751 0.683 0.636 a. $79,696.02 Ob. $82,595.87 Oc. $89,295.54 d. $71,196.44
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