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Zhang Company has a loan agreement that provides it with cash today,and the company must pay $25,000 4 years from today.Zhang agrees to a 6% interest rate.The present value of 1 (single sum)for 4 periods at 6% is 0.7921.What is the amount of cash that Zhang Company receives today?
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The rate at which new customers purchase from a business while existing customers leave or stop purchasing.
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