Calculate the original purchase price of the furniture that


1. Calculate the original purchase price of the furniture that Nigel and Elizabeth own (Hint: Use time value of money calculations).

2. Calculating the Cash Budget. Here are some important figures from the budget of Nashville Nougats, Inc., for the second quarter of 2012:

3. An investment promises two payments of $620, on dates four and eight months from today. If the required rate of return on the investment is 5.2%:

what is the value of the investment today?

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Financial Management: Calculate the original purchase price of the furniture that
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