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The present worth of $5,000 in year 3, $10,000 in year 5, and $10,000 in year 8 at an interest rate of 0.15 per year is closest to, Note: The given interest is alreacy in decimal form. Do not round in between solution. Final answer round to the nearest whole number. No need put

The present worth of $5,000 in year 3, $10,000 in year 5, and $10,000 in year 8 at an interest rate of 0.15 per year is closest to, Note: The given interest is alreacy in decimal form. Do not round in between solution. Final answer round to the nearest whole number. No need put

Essentials Of Investments
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 present worth of $5,000 in year 3, $10,000 in year 5, and $10,000 in year 8 at an interest rate of 0.15 per year is closest to, Note: The given interest is alreacy in decimal form. Do not round in between solution. Final answer round to the nearest whole number. No need put comma and UOM (unit of measure).
Transcribed Image Text:The present worth of $5,000 in year 3, $10,000 in year 5, and $10,000 in year 8 at an interest rate of 0.15 per year is closest to, Note: The given interest is alreacy in decimal form. Do not round in between solution. Final answer round to the nearest whole number. No need put comma and UOM (unit of measure).
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