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I also got 170.96 as an answer, which was also incorrect. Find the present value (i.e. at time t=0 years) of a 200 deposit at
I also got 170.96 as an answer, which was also incorrect.
Find the present value (i.e. at time t=0 years) of a 200 deposit at time t=2 years using a nominal annual discount rate of 8% compounded semiannually. Give your answer as a decimal rounded to two places (i.e. X.XX). Selected Answer: 233.97 Response Feedback: Incorrect! Find the present value (i.e. at time t=0 years) of a 200 deposit at time t=2 years using a nominal annual discount rate of 8% compounded semiannually. Give your answer as a decimal rounded to two places (i.e. X.XX). Selected Answer: 233.97 Response Feedback: IncorrectStep by Step Solution
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