Question: Ustron points) Listen A $40.500 payment is due 14 months from today. What is the equivalent of the payment if it is paid 5 months
Ustron points) Listen A $40.500 payment is due 14 months from today. What is the equivalent of the payment if it is paid 5 months from today instead? Money earns 11.3% compounded quarterly. Input the equivalent value in the Answer box: the value of N in the second box Example: Answer: 23456.78; units: N=1.25 Your Answer: Answer units Previous Page Next Page Page 7 of
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