Sabina is scheduled to pay her sister $5000 in three years from now. How much should her
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Sabina is scheduled to pay her sister $5000 in three years from now. How much should her sister accept as an economically equivalent payment today if money is worth 5% compounded semiannually?
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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