Suppose you have two bank accounts, one called Account A and another Account B. Account A will

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Suppose you have two bank accounts, one called Account A and another Account B. Account A will be worth $6,500.00 in one year. Account B will be worth $12,600.00 in two years.

Both accounts earn 6% interest. What is the present value of each of these accounts?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Question Posted: Jan 09, 2013 01:24 AM

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Suppose you have two bank accounts, one called Account A and another Account B. Account A will

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Computation of the Present value of Both Account Given information ...View the full answer

Personal Finance

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