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obligation 1: $15,000 due without interest at the end of 10 years obligation 2: $7,560 due at the end of 5 years with accumulated interest
obligation 1: $15,000 due without interest at the end of 10 years
obligation 2: $7,560 due at the end of 5 years with accumulated interest from today at 8% compounded semiannually.
if money is worth 12% compounded semiannually, and the end of 10 years is the comparison date, which obligation is more valuable?
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Learning Sage 50 Accounting 2016 A Modular Approach
Authors: Harvey Freedman
17th Edition
0176768092, 9780176768096
