) Jiaxing owes $11,850 payable 5 years from now. What alternative amount should their creditor be...

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) Jiaxing owes $11,850 payable 5 years from now. What alternative amount should their creditor be willing to accept today if the money can earn 5.8% compounded semi-annually? ) Jiaxing owes $11,850 payable 5 years from now. What alternative amount should their creditor be willing to accept today if the money can earn 5.8% compounded semi-annually?

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The question youve provided concerns the concept of the present value of money which is used to dete... View the full answer