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djsmyers djsmyers
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6 years ago
A major corporation hires high school students on a part-time basis. It offers a reward of $5,000 to any of its high school seniors who graduate college in four years. What is the present value of that reward to a student who just finished her junior year of high school, assuming a nominal rate of interest of 8%?
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Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
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forrestforrest
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#1
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6 years ago
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djsmyers Author
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6 years ago
Helped a lot
gmiannotti
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Yesterday
Just got PERFECT on my quiz
Helpmeplease11
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2 hours ago
Good timing, thanks!
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