Question
What's the present value of $8,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? Select the correct answer. a. $5,129.82b.
What's the present value of $8,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually?
Select the correct answer.
a. $5,129.82b. $5,119.02c. $5,140.62d. $5,151.42e. $5,108.22
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
