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If you want $133,688 in 9 years, how much money should you put in a savings account today? assume that the savings account pays you
- If you want $133,688 in 9 years, how much money should you put in a savings account today? assume that the savings account pays you 7.1% and it is compounded annually. Round the answer to two decimal places.
- 4e: 16 years ago, Blue Lake Corp. issued 30 year to maturity zero-coupon bonds with a par value of $5,000. The current interest rate on this type of bond is 9.68 percent, compounded annually. What is the current price of the bond? Round the answer to two decimal places.
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
978-0538473637
