Question
The sale of property provides for payments of $4500.00 due at the beginning of every three months for five years. If the payments are deferred
The sale of property provides for payments of $4500.00 due at the beginning of every three months for five years. If the payments are deferred for two years and interest is 6% compounded monthly, what is the cash value of the property?
- $78 365.51
- $87 555.36
- $69 524.76
- $96 425.67
- $67 964.25
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Standard For Auditing Computer Applications
Authors: Martin A. Krist
2nd Edition
0849399831, 978-0849399831
