Find the present value of payments of $300 made at the end of each six months for eight years. The interest rate is 4% compounded semi-annually Select one O a $4073 31 Ob $2197 64 C $3495 69 Od $2019.83
Find the present value of payments of $300 made at the end of each six months for eight years. The interest rate is 4% compounded semi-annually Select one O a $4073 31 Ob $2197 64 C $3495 69 Od $2019.83
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Find the present value of payments of $300 made at the end of each six months for eight years. The interest rate is 4% compounded semi-annually
Select one
O a $4073 31
Ob $2197 64
O c $3495 69
Od $2019.83
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