Question
Compute the present value of a $2,700 deposit in year 2 and another $2,200 deposit at the end of year 4 if interest rates are
| Compute the present value of a $2,700 deposit in year 2 and another $2,200 deposit at the end of year 4 if interest rates are 9 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Present value | $ |
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Quantitative Analysis For Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Hale
14th Edition
0137943601, 9780137943609
