3. An investment that is expected to pay out $1,000 in 20 years. How much...
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An investment that is expected to pay out $ in years. How much should you pay for this investment today if you want to earn per annum return, under the following compounding scenarios: i annual, ii semiannual ie two times per yeariii monthly, and iv daily?
An investment that is expected to pay out $ in years. How much should you pay for this investment today if you want to earn per annum return, under the following compounding scenarios: i annual, ii semiannual ie two times per yeariii monthly, and iv daily?
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