Business, 31.05.2020 04:59, blake2001

Method A assumes simple interest over final fractional periods, while Method B assumes simple discount over final fractional periods. The annual effective rate of interest is 20%. Find the ratio of the present value of a payment to be made in 1.5 years computed under method A to that computed under Method B.

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Method A assumes simple interest over final fractional periods, while Method B assumes simple discou...