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UW WON A contract requires payments of $5275.00 today, $3952.00 in 3 years, and $2377.00 in 5 years. When can the contract be fulfilled by
UW WON A contract requires payments of $5275.00 today, $3952.00 in 3 years, and $2377.00 in 5 years. When can the contract be fulfilled by a single payment equal to the sum of the required payments if money is worth 8% pa.compounded monthly State your answer in years and months (from 0 to 11 months) The contract can be fulfilled in year(s) and month(s)
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