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Hello im having a hard time with this and would like to know the steps. you will receive $9,600 three years from now. The discount
Hello im having a hard time with this and would like to know the steps.
you will receive $9,600 three years from now. The discount rate is 8 percent.(Use a Financial calculator to arrive at the answers. Round the final answers to nearest whole dollar.)
a.What is the value of your investment two years from now?
Value of investment$
b.What is the value of your investment one year from now?
Value of investment$
c.What is the value of your investment today?
Value of investment$
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
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