Present value formula determine the amount invested now or the present value needed desired accumulatd amount 23000 after 8 years invested in an account with 4 percent interest compounded semiannually

Present value formula determine the amount invested now or the present value needed desired accumulatd amount 23000 after 8 years invested in an account with 4 percent interest compounded semiannually

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 18E

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Present value formula determine the amount invested now or the present value needed

desired accumulatd amount 23000 after 8 years invested in an account with 4 percent interest

compounded semiannually

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