Good morning, I was wondering if someone would be able to help me solve the following problem, as I've been stuck on it:Find the present value, using the present value formula and a calculator. Achieve $8,000 in three years at 3.5% simple interest.I've been working at this problem for a while now, and none of the answers that I've came up with were correct. Thank you!
Good morning, I was wondering if someone would be able to help me solve the following problem, as I've been stuck on it:Find the present value, using the present value formula and a calculator. Achieve $8,000 in three years at 3.5% simple interest.I've been working at this problem for a while now, and none of the answers that I've came up with were correct. Thank you!
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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Good morning, I was wondering if someone would be able to help me solve the following problem, as I've been stuck on it:
Find the
I've been working at this problem for a while now, and none of the answers that I've came up with were correct. Thank you!
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