1. Find the present value of $50,000 due in 6 years at the given rate of interest....

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1. Find the present value of $50,000 due in 6 years at the given rate of interest. (Round your answers to the nearest cent.)

(a) 8%/year compounded monthly

(b) 9%/year compounded daily

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Introduction to Corporate Finance What Companies Do

ISBN: 978-1111222284

3rd edition

Authors: John Graham, Scott Smart

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Posted Date: Aug 30, 2019 10:15 AM

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1. Find the present value of $50,000 due in 6 years at the given rate of interest....

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Present value A1 rn nt A given amount r interest rate n number of comp... View the full answer

Introduction to Corporate Finance What Companies Do

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