Business
Business, 08.11.2019 22:31, BreadOfTheBear

3) drew receives an inheritance that pays him $54,000 every three months for the next two years. which of the following is closest to the present value (pv) of this inheritance if the interest rate is 8.9% (ear)?
a) $314,366
b) $471,549
c) $392,957
d) $432,000

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Answers: 3

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3) drew receives an inheritance that pays him $54,000 every three months for the next two years. whi...

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