A construction company will pave a new road but stipulates payments of $ 4 0 , 0

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A construction company will pave a new road but stipulates payments of $

40, 000,

25, 000,

and $

50, 000

in two, three, and four months, respectively, from today. If the city has enough money to pay cash, what amount could they pay today, in full, if the minimum rate of return is

3.25 % ?

Posted Date: May 18, 2024 07:06 PM

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A construction company will pave a new road but stipulates payments of $ 4 0 , 0

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