An initial 600 compounded for 1 year at 87 an initial 600, Ask an Expert

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An initial $600 compounded for 1 year at 8.7%. An initial $600 compounded for 2 years at 8.7%.

The present value of $600 due in 1 year at a discount rate of 8.7%. The present value of $600 due in 2 years at a discount rate of 8.7%.

How to do calculation for this kind of percentage?

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Financial Management, Finance

Category:- Financial Management
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