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What is the discounted value (present value), and compound discount (interest) of a debt of $76,800.00 due 2 years from now if interest is 3.58% compounded monthly? Round all answers to two decimal places if necessary. P/Y = PV = $ % d. Die C/Y = PMT= $ N = FV = $ I/Y =

What is the discounted value (present value), and compound discount (interest) of a debt of $76,800.00 due 2 years from now if interest is 3.58% compounded monthly? Round all answers to two decimal places if necessary. P/Y = PV = $ % d. Die C/Y = PMT= $ N = FV = $ I/Y =

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
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What is the discounted value (present value), and compound discount (interest) of a debt of $76,800.00 due 2 years from now if interest is 3.58% compounded monthly? Round all answers to two decimal places if necessary. P/Y = PV = $ % C/Y = PMT = $ Compound Discount = $ N = FV = $ I/Y =
Transcribed Image Text:What is the discounted value (present value), and compound discount (interest) of a debt of $76,800.00 due 2 years from now if interest is 3.58% compounded monthly? Round all answers to two decimal places if necessary. P/Y = PV = $ % C/Y = PMT = $ Compound Discount = $ N = FV = $ I/Y =
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