Top Posters
Since Sunday
8
5
z
4
n
4
t
4
3
k
3
x
3
r
3
m
3
j
3
c
3
New Topic  
jenny yehudai jenny yehudai
wrote...
Posts: 129
Rep: 0 0
A year ago
Your company lost a lawsuit and they have to pay $125,000 one year from today. The company wishes to pay off the lawsuit immediately instead of waiting one year. If money can earn 5.6% compounded quarterly, how much should they pay today to clear the debt?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 52 times
1 Reply
Replies
Answer verified by a subject expert
shalashashalasha
wrote...
Posts: 132
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jenny yehudai Author
wrote...

A year ago
Thanks for your help!!
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  717 People Browsing
Related Images
  
 1232
  
 82
  
 153
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 484