You plan to go to university in three years time and expect, Ask an Expert

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You plan to go to university in three year's time and expect the cost to be $12,000 per year for three years. The university requires payment of $6,000 to be made at the beginning of every semester. What is the present value of these expenses assuming as the annual interest rate of 12% compounded half yearly?

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Financial Management, Finance

Category:- Financial Management
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