Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
New Topic  
majarm majarm
wrote...
Posts: 406
Rep: 0 0
6 years ago
You have an investment that will mature in 20 months with the value of $2500. You need some quick cash and decide to sell it today at a discount rate of 10% compounded quarterly. What is the cash value?
A) $659.23
B) $2009.63
C) $2120.54
D) $2299.63
E) $2219.63
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
Read 217 times
1 Reply
Replies
Answer verified by a subject expert
AxyAxy
wrote...
Posts: 349
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
 Attached file(s) 
Thumbnail(s):
You must login or register to gain access to these attachments.
1

Related Topics

majarm Author
wrote...

6 years ago
This helped my grade so much Perfect
wrote...

Yesterday
Just got PERFECT on my quiz
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1448 People Browsing
Related Images
  
 3295
  
 408
  
 358
Your Opinion