What amount of money is equivalent to receiving

Reference no: EM132140593

Question: What amount of money is equivalent to receiving $13,000 five years from today, if the interest rate is 9% per year compounded semiannually? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132140593

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What amount of money is equivalent to receiving : What amount of money is equivalent to receiving $13,000 five years from today, if the interest rate is 9% per year compounded semiannually?

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