What single value of money, two years from now, is equivalent to $600 five years from...

  

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What single value of money, two years from now, is equivalent to $600 five years from now and $460 now if money is worth 3.4% and the focal point is four years from now? What single value of money, two years from now, is equivalent to $600 five years from now and $460 now if money is worth 3.4% and the focal point is four years from now?

Answer rating: 100% (QA)

Lets use the time value of money formula and solve f... View the full answer