Essay
Determine the compound discount on $18 875 due in 7.75 years if interest is 9.72% compounded monthly.
Correct Answer:

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PV = 18875.00(1.0081)-93 = 18875....View Answer
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Correct Answer:
Verified
PV = 18875.00(1.0081)-93 = 18875....
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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