Carol Garcia has been offered a future payment of $820 two years from now. If she can

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Carol Garcia has been offered a future payment of $820 two years from now. If she can earn an annual rate of 7.90 percent, compounded daily, on her investment, what should she pay for this investment today?(Round intermediate calculations to 5 decimal places, in all cases round your final answer to the nearest penny.)

Posted Date: May 15, 2024 10:41 AM

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Carol Garcia has been offered a future payment of $820 two years from now. If she can

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Given Future payment FV 820 to be received two years from now Annu... View the full answer

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