Redo Problem 11.33 for a present value of $1500 to be paid in 8 years when the

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Redo Problem 11.33 for a present value of $1500 to be paid in 8 years when the current interest rate is 5 percent. image text in transcribed

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Schaum S Outline Of Mathematical Methods For Business Economics And Finance

ISBN: 978-1264266876

2nd Edition

Authors: Luis Moises Pena Levano

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Question Posted: Sep 20, 2024 06:03 AM

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Redo Problem 11.33 for a present value of $1500 to be paid in 8 years when the current interest rate is 5 percent. (a) (b) P=1500(1+.05)-8 P=1500(0.67684) = $1015.26 -4(8) .05 = P 1500 1+ =...
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Redo Problem 11.33 for a present value of $1500 to be paid in 8 years when the

Question:

(a) (b) P=1500(1+.05)-8 P=1500(0.67684) = $1015.26 -4(8) .05 = P 1500 1+ = 1500(1+.0125)-32 4

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Schaum S Outline Of Mathematical Methods For Business Economics And Finance

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