Question: If money is worth 6% compounded annually, what amount today is equivalent to $10,000 paid: a. 12 years from now? b. 24 years from now?
If money is worth 6% compounded annually, what amount today is equivalent to $10,000 paid:
a. 12 years from now?
b. 24 years from now?
c. 36 years from now?
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