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What?s the present value of $1,500 discounted back...

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What?s the present value of $1,500 discounted back 5 years if the appropriate interest rate is 6%, compounded semiannually? a. $956.95 b. $1,007.32 c. $1,060.33 d. $1,116.14 e. $1,171.95

 

Paper#7280 | Written in 18-Jul-2015

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