Your aunt offers you a choice of: Amount $ 65,000 in 40 years or $ 850 today
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Your aunt offers you a choice of: Amount $ 65,000 in 40 years or $ 850 today Discount Rate 11% which should you chooses?
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...
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Computation of Present Value PV FV 1 1r n ...View the full answer
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Seema kuldeep
although I don't have an experience of teaching in a particular institute, previously I was an expert on Chegg and I have used to teach my batch mates and also my juniors.
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Related Book For 
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
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