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Home Q & A Board Science-Related Homework Help Mathematics
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lotusflwr lotusflwr
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4 months ago
You have financial obligations of $2,000 due in twelve months and $1,500 due in two years. Your parents wish to give you the money to pay off your debts. What single payment today can replace the two payments if money can earn 1.75% compounded annually?

▸ $3,490.45

▸ $3,419.45

▸ $3,714.45

▸ $3,414.45

▸ $3,814.45
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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Tram N.Tram N.
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4 months ago
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$3,414.45
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lotusflwr Author
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4 months ago
Just got PERFECT on my quiz
jamesbove
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Yesterday
Thanks
smdavis
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2 hours ago
Correct Slight Smile TY
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