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Lada Lada
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6 years ago
Determine the discounted value now of $7700.00 due in forty-four months at 7.5% compounded quarterly.
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Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
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wrote...
6 years ago
n =   = 14.6666667
PV = 7700.00(1.01875)-14.6666667 = 7700.00(.7615087) = $5863.62
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