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Home Q & A Board Science-Related Homework Help Mathematics
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Lada Lada
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6 years ago
You are offered payments of $475 at the end of each semi-annual period for 6.5 years. You think that the cost of money is 6.14% compounded semi-annually. What is the present cash value?
A) $5092.06
B) $5029.06
C) $5209.06
D) $5292.06
E) $5290.06
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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SupremeSupreme
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6 years ago Edited: 2 years ago, bio_man
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#2
2 years ago
thanks
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