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Science-Related Homework Help Mathematics Topic started by: bbergeron11 on May 29, 2023



Title: Your company wishes to replace a payment of $1,600 three months from now with a single payment ...
Post by: bbergeron11 on May 29, 2023
Your company wishes to replace a payment of $1,600 three months from now with a single payment today. If money can earn 4.2% compounded monthly, what single payment today can replace the future payment of $1,600?

▸ $1,183.32

▸ $1,383.32

▸ $1,583.32

▸ $1,853.32

▸ $1,538.32


Title: Re: Your company wishes to replace a payment of $1,600 three months from now with a single payment ...
Post by: satish1015 on May 29, 2023
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