Question
dyland desires to earn a simple interest rate of 8.5% on his investment. How much should he pay, to the nearest cent, for a note
dyland desires to earn a simple interest rate of 8.5% on his investment. How much should he pay, to the nearest cent, for a note that will be worth $5000.00 in 3 years?
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
