Question
What is the present value of $2,000 due in 5 years? We assume current interest rate is = 12%, compounded monthly. $1,021 $1,101 $1,201 $1,373
What is the present value of $2,000 due in 5 years? We assume current interest rate is = 12%, compounded monthly.
$1,021
$1,101
$1,201
$1,373
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
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