Patrick is scheduled to receive $1480 in 60 days from now. How much should he accept today

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Patrick is scheduled to receive $1480 in 60 days from now. How much should he accept today as an equivalent payment if his money can earn 6.75%?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 16, 2020 03:58 AM

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Patrick is scheduled to receive $1480 in 60 days from now. How much should he accept today

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A P1rt Where A Final Amount P Initial Principal Amount r rate per an...View the full answer

Fundamentals Of Business Mathematics In Canada

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