Paul Havlik promised his grandson Jamie that he would give him $7,300 5 years from today...

Question

Question

business finance

Answer 1

Answer #1

PV = FV:(1+i/n)^nt r=rate per period t= years x compounding Present value = $4,481.57 $7,300 = (1+10%/2)^(2*5)

Answer 2

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