Essay
Find the present value and the compound discount of $6100.00 due in 7.5 years if interest is 8.26% compounded semi-annually.
Correct Answer:

Verified
PV = 6100.00(1.0413)...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
PV = 6100.00(1.0413)...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Related Questions
Q162: Calculate the present value of $12 500.00
Q163: Betty deposited $17 150.00 in an RRSP
Q164: Raman has a line of credit loan
Q165: You borrowed $1700.00 at 12.36% p.a. compounded
Q166: Use the exact method to compute the
Q167: Yellowknife Savings offers three-year term deposits at
Q168: Doris borrowed $5000 from a finance company
Q169: Two payments of $49 000 each must
Q170: What is the cash value of $5000
Q172: You invest $8000 in a floating rate