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The present value of $500 to be received in one year when the opportunity cost rate is 8 percent.

The present value of $500 to be received in one year when the opportunity cost rate is 8 percent.
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4 votes
The present value of $500 to be received in one year when the opportunity cost rate is 8 percent.

asked
User Asi Givati
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8.3k points

1 Answer

4 votes

Answer:

8/100×500=4000/100=$40

answered
User Mrmannione
by
8.2k points
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