odonnell761 odonnell761
  • 29-05-2024
  • Business
Answered

Your firm just made a credit sale of $20. Assuming a discount rate of 7.3% and 30 days until collection, the present value of the cash inflow is closest to:
a. $2.42
b. $18.64
c. $19.72
d. $19.88



Answer :

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