Jayneidpepec Jayneidpepec
  • 15-03-2017
  • Mathematics
contestada

How much would you have to invest today to receive $6,000 each year for 10 years at 9 percent?

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 15-03-2017
PV= $6,000/(1+.09)10
PV= $15,000/(1.09)10
PV= $2,534.46
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