mrsclnantambu5956
12.10.2019 •
Mathematics
Fine the present value sum of money that will amount to 4500 in 4 years if the interest is 8% p.a. compounded quarterly.
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Ответ:
ieff = (1+i/4)^4 - 1
Through the effective interest rate, the time span given, and the future value, the present worth can be obtained by,
P = 4500/ (1+0.08243)^4 = 3278
Thus, the present value of the money is 3278 rounded of to the nearest tenths.
Ответ:
3/10
Step-by-step explanation:
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