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Title: You won a contest that will pay you $10,000 six months from today. You don't wish to wait so you ... Post by: britt138 on May 29, 2023 You won a contest that will pay you $10,000 six months from today. You don't wish to wait so you tell your friend they can have the $10,000 six months from now if they give you a lump sum today. If money can earn 4.75% compounded semiannually, how much money would you expect for the prize today?
Title: Re: You won a contest that will pay you $10,000 six months from today. You don't wish to wait so you ... Post by: cglotfelty on May 29, 2023 Content hidden
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