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1. How much would $20,000 due in 50 years be worth today if the discount rate were 6.5%, compounded monthly? a. $461.08 b. $485.35 c.
1. How much would $20,000 due in 50 years be worth today if the discount rate were 6.5%, compounded monthly? a. $461.08 b. $485.35 c. $537.78 d. $782.32 e. $503.76
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Financial Management For Decision Making
Authors: Harold Jr. Bierman, Seymour Smidt
1st Edition
1587982129, 9781587982125
