Question: Can someone help me with solution. Thank you Find the present value. Given: Principal = 300,000 Interest rate= 11% Maturity date is after 3 years.
Can someone help me with solution. Thank you
Find the present value.
Given:
Principal = 300,000
Interest rate= 11%
Maturity date is after 3 years.
Compute for:
- Simple interest
-PV of 1, compounded quarterly
-PV of ordinary annuity, compounded semi-annually
- PV of annuity due, compounded annually
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