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Determine what would be present value of an item that has a salvage value of $25,000 at the end of 5-years? Suppose a discount rate of 3.8 percent for an end of year factor. Carry computations to 4-decimal places.

A $24,085

B $24,050

C $25,950

D $20,747

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9310907

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