Solution-How the present value of receipts can be stated

How the present value of receipts can be stated

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Reference no: EM132501301

Question 1: Brooks Company will receive $10,000 a year at the end of each of the next five years. Using a discount rate of 14%, the present value of the receipts can be stated as ________.

A . PV = $10,000 (Ordinary Annuity FV factor, i = 14%, n = 5)

B. PV = $10,000 (PV factor, i = 14%, n = 5)

C. PV = $10,000 (Ordinary Annuity PV factor, i = 14%, n = 5)

D. PV = $10,000 (FV factor, i = 14%, n = 5)

Reference no: EM132501301

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How the present value of receipts can be stated

Reference no: EM132501301

Reference no: EM132501301

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