imdacosta89 imdacosta89

19-09-2021
Business

contestada

What's the present value of $1,375 discounted back 5 years if the appropriate interest rate is 6%, compounded monthly?

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katiebaker419 katiebaker419

19-09-2021

Answer:

$1,019.39

Explanation:

Just checked the answer and it was correct.

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