The Lexington Property Development Company has a $10,000 note receivable from a customer due in three years.
Question:
a. 9%?
b. 12% compounded monthly?
c. 8% compounded quarterly?
d. 18% compounded monthly?
e. 7% compounded continuously?
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PV FV PVF kn a PV 10000 PVF 93 10000 7722 7722 b PV ...View the full answer
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