Ron Sewert owes $30,000 on a non-interest-bearing note due January 1, 2029. He offers to pay the

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Ron Sewert owes $30,000 on a non-interest-bearing note due January 1, 2029. He offers to pay the amount on January 1, 2019, provided that it is discounted at 10% on a compound annual discount basis. What would he have to pay on January 1, 2019, under this assumption

Posted Date: May 18, 2024 09:08 PM

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Ron Sewert owes $30,000 on a non-interest-bearing note due January 1, 2029. He offers to pay the

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