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Find the present value of the follwing sum of money:

a) $76.96 to be recieved at the end of 15 years at 12% per annum with annual compounding

b) $76.96 to be recieved at the end of 15 years at 12% per annum with semi-annual compounding

c) $76.96 to be recieved at the end of 15 years at 0% per annum.

d) $76.96 to be recieved at the end of 5 years at a discount rate of 24% per annum compounded quarterly

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92167282

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