Asked by Lula
A debt of $3,000 will mature in three years’ time. Find
a)The present value of this debt
b)The value of this debt at the end of the first year
c)The value of this debt at the end of four years
Assuming money is worth 14% compounded semi-annually.
a)The present value of this debt
b)The value of this debt at the end of the first year
c)The value of this debt at the end of four years
Assuming money is worth 14% compounded semi-annually.
Answers
Answered by
MsPi_3.14159265
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