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What is the maximum that you would be willing to pay today for an investment that is compounded semi-annually and that will pay you $9,000
What is the maximum that you would be willing to pay today for an investment that is compounded semi-annually and that will pay you $9,000 in 3 years if you want to earn at least 7% return? In the space below, please indicate what the following variables are (enter answers to four decimal places and be mindful as to whether the variable is a positive or negative number): 1. PV 2. FV 3. Rate % 4. Periods 5. Payment
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