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derek has the opportunity to buy a money machine today. the money machine will pay derek $44,226.00 exactly 12.00 years from today. assuming that derek believes the appropriate discount rate is 7.00%, how much is he willing to pay for this money machine

User Trouselife
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1 Answer

7 votes

Answer:

derek will expect to pay 41130.18 in 12 years

Step-by-step explanation:

cuz im smart

User Daniel Laurindo
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