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Title: You have an investment that will mature for $6825 in 57 months. You sell the investment 21 months ... Post by: gewusel on Nov 26, 2017 You have an investment that will mature for $6825 in 57 months. You sell the investment 21 months before maturity. The discount rates used are 5.6% compounded quarterly for the first nine months of the discount period (from the date of maturity) and then 4.92% compounded monthly for the remaining discount period. How much did you sell the investment for?
A) $6262.54 B) $6232.54 C) $6223.54 D) $6632.54 E) $6666.54 Title: Re: You have an investment that will mature for $6825 in 57 months. You sell the investment 21 ... Post by: rmaccara on Nov 26, 2017 B
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