What would be the present value is the money is compounded


What is the maximum amount of money you should pay for an investment today that is projected to yield $8,000 in four years is the market rate of interest is 12% and the money is compounded semiannually? What would be the present value is the money is compounded monthly?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What would be the present value is the money is compounded
Reference No:- TGS02687687

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)