Find the present value and the compound discount of (a) $3600 due in 9 years if interest
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(a) $3600 due in 9 years if interest is 8% com- pounded semi-annually;
(b) $9000 due in 5 years if money is worth 6.8% compounded quarterly.
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a PV 360000104 18 3600000493628 177706 Discount 3...View the full answer
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Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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