Find the present value and the compound discount of 54000 due in seven years and...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Find the present value and the compound discount of 54000 due in seven years and six months if interest is 8.8% compounded quarterly The present value is 5 (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed) The compound discount is $1 (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed) Enter your answer in each of the answer boxes This course Business & Financial Mathematics Mamicis based on Hunterher.Contemporary Bus o BE Bere to search
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
