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majarm majarm
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6 years ago
What is the cash value of $5000 if it is discounted for 5 years at 10% compounded yearly?
A) $3100.61
B) $3000.61
C) $3143.28
D) $3228.43
E) $3104.61
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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Posts: 349
6 years ago Edited: A year ago, bio_man
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