Question
Find the present value of $800 due in the future under each of the following conditions. Do not round intermediate calculations. Round your answers to
Find the present value of $800 due in the future under each of the following conditions. Do not round intermediate calculations. Round your answers to the nearest cent.
6% nominal rate, semiannual compounding, discounted back 5 years.
$
6% nominal rate, quarterly compounding, discounted back 5 years.
$
6% nominal rate, monthly compounding, discounted back 1 year.
$
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Entrepreneurial Finance And Accounting For High-Tech Companies
Authors: Frank J Fabozzi
1st Edition
0262336901, 9780262336901
