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16 What's the present value of $11,500 discounted back. 5 years if the appropriate interest rate is 6.2%, compounded semiannually? Your answer should be between
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What's the present value of $11,500 discounted back. 5 years if the appropriate interest rate is 6.2%, compounded semiannually? Your answer should be between 8032.00 and 9554.00, rounded to 2 decimal places, with no special characters Step by Step Solution
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Financial Management Principles And Practice
Authors: Timothy J. Gallagher, Joseph D. Andrew
3rd Edition
0131768824, 978-0131768826
