your anticipated wedding is three years from today. you don't know who your spouse will be but you do know that you are saving $10000 today and $17000 one year from today for this purpose. you also plan to pay the final $12000 of anticipated costs on your wedding day,. at a diacount rate of 5.5 %, what is the current cost of your upcoming wedding!

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 11E
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your anticipated wedding is three years from today. you don't know who your spouse will be but you do know that you are saving $10000 today and $17000 one year from today for this purpose. you also plan to pay the final $12000 of anticipated costs on your wedding day,. at a diacount rate of 5.5 %, what is the current cost of your upcoming wedding!

 
 
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