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The Present Value of $475 Received 3 Years in the Future

question 12

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The present value of $475 received 3 years in the future would be calculated as which of the following when the interest rate is 6 percent?


Definitions:

Project Process

The series of phases or steps undertaken to plan, execute, and complete a project successfully.

Unified Communication System

A system that integrates various communication methods within a business into a single interface.

Mobile Collaboration

The use of smartphones, tablets, and other mobile devices to work together and share information in a business or project setting.

Advantage

A condition or circumstance that puts one in a favorable or superior position compared to others.

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