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Two payments of $850 and $600 must be made two years and five years from now respectively. If money can earn 4% compounded semi-annually, what
Two payments of $850 and $600 must be made two years and five years from now respectively. If money can earn 4% compounded semi-annually, what single payment, three years from now, would be equivalent to the two scheduled payments?
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Value Investing
Authors: Mike Hartley
1st Edition
979-8864443309
