luqmanjoned69 luqmanjoned69

10-11-2021
Mathematics

contestada

What's the present value of $9,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually?

Respuesta :

likin28 likin28

10-11-2021

Answer:

$427.50

Step-by-step explanation:

I think this is the answer because 4.5 percent of $9,500 is $427.50

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