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An Investment will pay you $18,000 in 6 years. The appropriate discount rate is 6 percent compounded daily. What is the present value? Multiple Choice
An Investment will pay you $18,000 in 6 years. The appropriate discount rate is 6 percent compounded daily. What is the present value? Multiple Choice $12.935.30 $11,930.62 $12,689.29 $13.186.47 $12.558.55 You want to buy a new sports car from Muscle Motors for $32,000. The contract is in the form of an annuity due for 48 months at an APR of 8.00 percent. What will your monthly payment be? Multiple Choice $781.21 $791.56 $737 24 $776.04 $760.52 What is the future value of $700 in 17 years assuming an Interest rate of 7 percent compounded semiannually? Multiple Choice $2.211.17 $2.141.87 $2,254.60 $856.97 $792.76
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