Determine the proceeds of an investment with a maturity value of $10 000 if discounted at 9%

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Determine the proceeds of an investment with a maturity value of $10 000 if discounted at 9% compounded monthly 22.5 months before the date of maturity.

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Sep 21, 2024 05:19 AM

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Determine the proceeds of an investment with a maturity value of $10 000 if discounted at 9%

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FV 10 00000 I Y 9 C Y 12 i 075 ...View the full answer

Contemporary Business Mathematics with Canadian Applications

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