1. What present value amounts to $10,000 if it is invested for 10 years at 6% compounded...

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1. What present value amounts to $10,000 if it is invested for 10 years at 6% compounded annually?
2. What present value amounts to $300,000 if it is invested at 7%, compounded semiannually, for 15 years?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 05:33 AM

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1. What present value amounts to $10,000 if it is invested for 10 years at 6% compounded...

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1 S 10000 r m 006 1 006 mt ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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