Question
We Pay Insurance Co. will pay you $1,275 each quarter for 20 years. You want to earn a minimum interest rate of .92 percent per
We Pay Insurance Co. will pay you $1,275 each quarter for 20 years. You want to earn a minimum interest rate of .92 percent per quarter. What is the most you are willing to pay today for these payments?
Multiple Choice
$68,377.59
$71,976.41
$149,750.93
$69,577.19
$71,363.59
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Gapenskis Understanding Healthcare Financial Management
Authors: George H. Pink, Paula H. Song
8th Edition
1640551093, 978-1640551091
