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An investment will pay you 58,000 in seven years. Required: If the appropriate discount rate is 10 per cent compounded daily, what is the present
An investment will pay you 58,000 in seven years. |
Required: | |
If the appropriate discount rate is 10 per cent compounded daily, what is the present value? (Round your answer to 2 decimal places (e.g., 32.16). The program includes a margin of error of +/- 1%.) | |
Present value |
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