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Home Q & A Board Science-Related Homework Help Mathematics
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britt138 britt138
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A year ago
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?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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cglotfeltycglotfelty
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A year ago
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