Jeff expects to receive $120,000 from a trust fund in 3 years. what is the current value

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Jeff expects to receive $120,000 from a trust fund in 3 years. what is the current value of this fund if it is discounted at 8.5% compounded quarterly?

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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Posted Date: May 07, 2024 10:56 AM

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Jeff expects to receive $120,000 from a trust fund in 3 years. what is the current value

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To find the current value of the trust fund we can use the fo... View the full answer

Contemporary Financial Management

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