Pause and Solve $2,500 at time zero is equivalent to how much after six years if...

 

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Pause and Solve $2,500 at time zero is equivalent to how much after six years if the interest rate is 8% per year? $3,000 at the end of year seven is equivalent to how much today (time zero) if the interest rate is 6% per year? Pause and Solve $2,500 at time zero is equivalent to how much after six years if the interest rate is 8% per year? $3,000 at the end of year seven is equivalent to how much today (time zero) if the interest rate is 6% per year?

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Answer 1 2500 at time zero is equivalent to 3400 after six years if the interest rate is 8 per year ... View the full answer