Equal Amounts in intermediate calculations to four decimal places. $328.78 d. The amount a person would need to deposit today with a 9 percent interest rate to have $2,500 in three years. Round your answer to the nearest dollar. (Hint: Use Appendix A.2 or the Garman/Forgue companion website.) Round Present value of a Single Amount in intermediate calculations to four decimal places. Hide Feedback Partially Correct Check My Work 0-Jcon Key Question 2 of 3 2:55 PM 1/30/2020 Do the Math 1-4 hp end home ins prt sc delete f12 f11 ►>I f10 f9 f8 +1 f7 f6 10 %24
Equal Amounts in intermediate calculations to four decimal places. $328.78 d. The amount a person would need to deposit today with a 9 percent interest rate to have $2,500 in three years. Round your answer to the nearest dollar. (Hint: Use Appendix A.2 or the Garman/Forgue companion website.) Round Present value of a Single Amount in intermediate calculations to four decimal places. Hide Feedback Partially Correct Check My Work 0-Jcon Key Question 2 of 3 2:55 PM 1/30/2020 Do the Math 1-4 hp end home ins prt sc delete f12 f11 ►>I f10 f9 f8 +1 f7 f6 10 %24
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The amount a person would need to deposit today with a 9% interest rate to have $2500 in 3 years. The appendix A.2 is at .7722 when you find the correct columns.
Transcribed Image Text:Equal Amounts in intermediate calculations to four decimal places.
$328.78
d. The amount a person would need to deposit today with a 9 percent interest rate to have $2,500 in three years. Round your answer to the
nearest dollar. (Hint: Use Appendix A.2 or the Garman/Forgue companion website.) Round Present value of a Single Amount in intermediate
calculations to four decimal places.
Hide Feedback
Partially Correct
Check My Work
0-Jcon Key
Question 2 of 3
2:55 PM
1/30/2020
Do the Math 1-4
hp
end
home
ins
prt sc
delete
f12
f11
►>I
f10
f9
f8
+1
f7
f6
10
%24
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