Determine the present value of your bank account, Mathematics

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Determine the present value of your bank account

Assume your bank account will be worth $15,000.00 in one year. The interest rate (discount rate) that bank pays is 7%. Determine the present value of your bank account today? What would the present value of the account be if the discount rate is only 4%?

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Mathematics: Determine the present value of your bank account

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Request for Solution File

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Mathematics: Determine the present value of your bank account

Reference No:- TGS0874673

Have a Question? (oR Write a Review)

Recent Questions Asked Mathematics

Q : Determine the minimum number of comparison

Q : Determine a listing of all element subsets

Q : Set of dyadic rationals

Q : Same coordinate system

Q : Determine the present value of your bank account

Q : Possible conbination of the rubik cube

Q : Lining joining the points

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Request for Solution File

Ask an Expert for Answer!!

Mathematics: Determine the present value of your bank account

Reference No:- TGS0874673

Recent Questions Asked Mathematics

Q : Determine the minimum number of comparison

Q : Determine a listing of all element subsets

Q : Set of dyadic rationals

Q : Same coordinate system

Q : Determine the present value of your bank account

Q : Possible conbination of the rubik cube

Q : Lining joining the points

Q : System of linear equations

Q : Determine the image

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