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Your rich aunt has promised to give your $4800 in 3 years. How much should you be willing to receive today (in lieu of
Your rich aunt has promised to give your $4800 in 3 years. How much should you be willing to receive today (in lieu of the $4800 in 3 years) if you can earn 7% per annum, compounded semi-annually? (Round to nearest penny, e.g. 1234.56) Answer:
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
