By how much does the present value of cash inflow increase

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Question - The firm expect to receive a $200,000 payment from a supplier in 25 days, which has a present value of $198,640. By how much does the present value of the cash inflow increase if the cash inflow can be collected 10 days 14 sooner? Assume a discount rate of 10%.

Reference no: EM133122449

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