Question
A payment of $13,945 is due in 2 year, $17,500 is due in 4 years, and $8,250 is due in 7 years. What single equivalent
A payment of $13,945 is due in 2 year, $17,500 is due in 4 years, and $8,250 is due in 7 years. What single equivalent payment made today would replace the three original payments? Assume that money earns 6.75% compounded monthly.
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HR Self Audits A Strategy For Continuous Improvement
Authors: Wynette Harewood, Marilyn Silverman
1st Edition
B0BQXT8R3P, 979-8843293192
