What would be the present value of an item that ha


What would be the present value of an item that has a salvage value of $25,000 at the end of four years?

Assume a discount rate of 3.8% for an end-of-year factor. 

$25,950 

$24,085 

$20,747 

$21,535

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Microeconomics: What would be the present value of an item that ha
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