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gewusel gewusel
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6 years ago
Calculate the present value of 120 payments of $50.00 made at the end of each of 120 consecutive months respectively if money is worth 12% compounded monthly.
A) $3485.03
B) $3485.02
C) $6000.00
D) $3000.00
E) $34 850.30
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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