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

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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Question

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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