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This is question about finance, economics and management. Can I please see the steps? 4.18 What amount of money is equivalent to receiving $8000 three
This is question about finance, economics and management.
Can I please see the steps?
4.18 What amount of money is equivalent to receiving $8000 three years from today, if the interest rate is 8% per year, compounded semiannually? Ans. $6322.52
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The Oxford Handbook Of Computational Economics And Finance
Authors: Shu-Heng Chen, Mak Kaboudan, Ye-Rong Du
1st Edition
0199844372, 978-0199844371
