Question
What is the present value of an investment that pays you $23.77 per month for 11 months, if the first payment is in 1 month,
What is the present value of an investment that pays you $23.77 per month for 11 months, if the first payment is in 1 month, and if the discount rate is 7.4% per month? (Round to the nearest cent)
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Auditing And Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Strawser
2nd Edition
0073128244, 9780073128245
