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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
النسخة 12الرقم المعياري الدولي: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
النسخة 12الرقم المعياري الدولي: 978-0132605540 تمرين 67
Solve the following application problem using 360-day years where applicable.
James Booker signs an employment contract that guarantees him $35,000 at the end of each year for 3 years when he retires in 4 years. If funds earn 8% per year, find the present value needed today to meet the eventual payment stream. __________
James Booker signs an employment contract that guarantees him $35,000 at the end of each year for 3 years when he retires in 4 years. If funds earn 8% per year, find the present value needed today to meet the eventual payment stream. __________
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This is a problem of finding the present...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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