Compute the Present Value of 1 0 , 0 0 0 , 0 0 0 USD (
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Question:
Compute the Present Value of USD US Dollars received
years from today, if the interest rate is assuming: a simple interest, b
daily compounding, c verify all your discrete compounding answers by using the PV
function, d continuous compounding.
Related Book For
Money Banking and Financial Markets
ISBN: 978-0078021749
4th edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
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