Question: I need someone to explain to me how to do this problem (the amounts are and should be in Dominican pesos). 5.- How much would
I need someone to explain to me how to do this problem (the amounts are and should be in Dominican pesos).
5.- How much would you have to invest today to receive:
a) 19,400 pesos in 9 years at 12%.
b) 25,600 pesos in 13 years at 14%.
c) 9,200 pesos each year for 15 years at 8%.
d) 63,300 pesos each year for 45 years at 8%.
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