Local chamber of commerce to promote her business

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Reference no: EM131533263

Jane is purchasing a membership in the local Chamber of Commerce to promote her business. She can pay either $350 now or pay $130 now, $80 in 12 months, and $170 in 15 months. If money is worth 7.5% compounded monthly, how much does second option worth now?

Reference no: EM131533263

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