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aznhermit101 aznhermit101
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4 months ago
Two payments of $850 and $600 must be made two years and five years from now respectively. If money can earn 4% compounded semiannually, what single payment, three years from now, would be equivalent to the two scheduled payments?

▸ $1,477.16

▸ $1,609.22

▸ $1,578.88

▸ $1,404.19

▸ $1,438.65
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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avi420avi420
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4 months ago
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$1,438.65

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aznhermit101 Author
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4 months ago
this is exactly what I needed
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Helped a lot
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2 hours ago
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