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Home Q & A Board Science-Related Homework Help Mathematics
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laywatdut laywatdut
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10 months ago
A contract requires payments of $2000 and $3000, 90 days and 120 days, respectively, from today. What is the value of the contract today if the payments are discounted to yield a rate of return of 12%?

▸ $4824.06

▸ $4828.66

▸ $4831.48

▸ $4837.87

▸ $5177.53
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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WoodyNRexWoodyNRex
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10 months ago
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Anonymous
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5 months ago
Help! The answer is missing an explanation...
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Educator
5 months ago
Solution added, did that help?
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