You were in an auto accident and are due $50,000 from the insurance company for the other
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You were in an auto accident and are due $50,000 from the insurance company for the other person that hit you. They are going to pay you this amount in 5 years. What is the value of that money today if you could invest your money at 7% (assume annual compounding).
Related Book For
Managerial Communication Strategies and Applications
ISBN: 978-1483358550
6th edition
Authors: Geraldine E. Hynes
Posted Date: