An investment promises to pay a single future payment of $9000. At a market rate of return
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An investment promises to pay a single future payment of $9000. At a market rate of return of 2.15%, the fair market value of this investment is $8872.82. How many months from today is the $9000 scheduled to be paid?
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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