Question
What is the value today of a money machine that will pay $3,129.00 every six months for 13.00 years? Assume the first payment is made
What is the value today of a money machine that will pay $3,129.00 every six months for 13.00 years? Assume the first payment is made 3.00 years from today and the interest rate is 14.00%. Answer format: Currency: Round to: 2 decimal places.
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Personal Finance
Authors: Jack R Kapoor, Glencoe McGraw Hill, Les R Dlabay, Robert J Hughes
1st Edition
0078698006, 9780078698002
