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The Lexington Property Development company has a $10,000 note receivable from a customer due in three years. How much is the note worth today if the interest rate is a.9%? b.12% compounded monthly? C.8% compounded quarterly? d.18% compounded monthly? e.7% compounded continuously?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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