Mathematics, 30.10.2019 22:31 levicorey846
Joan’s uncle has promised her $20,000 when she graduates college 4 years from now. what is the equivalent amount stated in today’s dollars?
a) given below are the present value factors for 1 at 8%
b) for one to three periods
c) with interest compounded annually.
Answers: 1
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Joan’s uncle has promised her $20,000 when she graduates college 4 years from now. what is the equiv...
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