Question: A $5000 payment is scheduled for 120 days from now. If money can earn 7.25%, calculate the payments equivalent value at each of nine different

A $5000 payment is scheduled for 120 days from now. If money can earn 7.25%, calculate the payment’s equivalent value at each of nine different dates—today and every 30 days for the next 240 days.

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Equivalent value 488360 today 491219 in 30 days ... View full answer

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