On January 12, a 3-month note with interest at 12% was made. The face value of the
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On January 12, a 3-month note with interest at 12% was made. The face value of the note was $11,000. What was the present value of the note on the day it was made if money is worth 11%.?
Related Book For
Applied Statistics From Bivariate Through Multivariate Techniques
ISBN: 978-1412991346
2nd edition
Authors: Rebecca M. Warner
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