Mathematics
Mathematics, 18.06.2020 21:57, thisismyusername875

What's the present value of $11,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? Select the correct answer.

a. $7,083.20

b. $7,025.60

c. $7,040.00

d. $7,068.80

e. $7,054.4

answer
Answers: 2

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What's the present value of $11,000 discounted back 5 years if the appropriate interest rate is 4.5%...

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