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What is the discounted value of payments of $101.00 made at the end of every three months for 6.5 years if interest is 9% compounded
What is the discounted value of payments of $101.00 made at the end of every three months for 6.5 years if interest is 9% compounded quarterly? The discounted value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
