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The arlington property development co has a 10000 note

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Reference no: EM13486064

The Arlington Property Development Co. has a $10,000 note receivable from a customer due in 3 years. How much is the note worth today (PV) if the interest rate is:

a. 9%
b. 12% compounded monthly?
c. 8% compounded quarterly?
d. 18% compounded monthly?
e. 7% compounded continuously?

Reference no: EM13486064

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