Calculate the present value of $50,000 to be received in 5 years assuming an annual interest rate

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Calculate the present value of $50,000 to be received in 5 years assuming an annual interest rate of 8%, compounded monthly.

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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Question Posted: Sep 11, 2024 09:01 AM

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Calculate the present value of $50,000 to be received in 5 years assuming an annual interest rate of 8%, compounded monthly.
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Calculate the present value of $50,000 to be received in 5 years assuming an annual interest rate

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Fundamentals Of Financial Planning

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