Question
tro to Time Value of Money i Saved John and Jen will receive $20,000 from their trust fund in 7.75 years. Their discount rate
tro to Time Value of Money i Saved John and Jen will receive $20,000 from their trust fund in 7.75 years. Their discount rate is 2 percent per quarter (note there are 3 months in one quarter). How much would they be willing to sell the trust fund for today? Round your answer to two digits. Note that there are four compounding periods in one year. SA Search < Prev ACOURONNODI 13 of 13 Next CO A
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Matlab An Introduction with Applications
Authors: Amos Gilat
5th edition
1118629868, 978-1118801802, 1118801806, 978-1118629864
