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Determine cash flows, r, and n You are considering an investment that has a payoff of $4,707.79 in 2 years. If the interest rate is
Determine cash flows, r, and n
You are considering an investment that has a payoff of $4,707.79 in 2 years. If the interest rate is 11.68%, and interest is compounded annually, then what is this investment worth to you today? |
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