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Can somebody please solve this with step by step explanations for each problem You are considering an investment that has a payoff of $881.99 in
Can somebody please solve this with step by step explanations for each problem
| You are considering an investment that has a payoff of $881.99 in 32 years. If the interest rate is 3.63%, and interest is compounded annually, then what is this investment worth to you today? | |||||||||||||
| Answer = | Cash Flow = | ||||||||||||
| r = | |||||||||||||
| n = | |||||||||||||
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
