Maria addai has been offered a future payment of 28500 two

Reference no: EM13606730

Maria Addai has been offered a future payment of $28,500 two years from now. If she can earn 6.80 percent compounded annually on her investment, what should she pay for this investment today? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to the nearest penny.)

Reference no: EM13606730

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