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gewusel gewusel
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6 years ago
Two payments of $10 000 each must be made one year and four years from now. If money can earn 9% compounded monthly, what single payment two years from now would be equivalent to the two scheduled payments?
A) $10 938
B) $8358
C) $11 964
D) $22 902
E) $19 296
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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#1
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6 years ago
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gewusel Author
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6 years ago
this is exactly what I needed
erimis
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Yesterday
Thanks for your help!!
Chaldoren
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2 hours ago
Thanks
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