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FIN200 / FIN 200 / Week 8 DQ 2

FIN200 / FIN 200 / Week 8 DQ 2

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Published by Number1Tutor
Discussion Question 2
 Due Date: Day 4 [Main forum]
 Post your response to the following: Use the following scenario to answer Discussion Question 2. Jean will receive $8,500 per year for the next 15 years from her trust. If a 7% interest rate is applied, what is the current value of the future payments? Describe how you solved this problem, including which table (for example, present value and future value) was used and why.
Discussion Question 2
 Due Date: Day 4 [Main forum]
 Post your response to the following: Use the following scenario to answer Discussion Question 2. Jean will receive $8,500 per year for the next 15 years from her trust. If a 7% interest rate is applied, what is the current value of the future payments? Describe how you solved this problem, including which table (for example, present value and future value) was used and why.

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Published by: Number1Tutor on Apr 08, 2011
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