Question: Present Value & Discounting Discounting for Multiple Period Practice Question 1a) You plan to buy a car in 3 years' time which costs $50,000. If

Present Value & Discounting

Discounting for Multiple Period

Practice Question

1a) You plan to buy a car in 3 years' time which costs $50,000. If you can earn 3% interest p.a how much do you need to invest today?

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