Question: Old MathJax webview You can use the same fact situation as problem one. The only item that has change is current market interest rate equals

Old MathJax webview

You can use the same fact situation as problem one. The only item that has change is current market interest rate equals 3%. Compute the bonds market value today. [Bond Value CH7]

1. You are scheduled to receive $15000 in two years. When you receive it, you will invest it for six more years at 7.1% per year. How much will you have in 8 years?

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