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A certain company's income has been declining steadily over the last three years. If income in year 1 was $100,000 and it declined by $10,000 per year; which of the following is closest to the present worth of the company's total income over the three years? Assume a compound interest rate of 10% per year.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91736159

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