Question:
A note is due in 7 years, with interest of 10% compounded
Last updated: 8/11/2022
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A note is due in 7 years, with interest of 10% compounded semiannually. The face value of the note is $39,000. Find the maturity value of the note and find the minimum sale price of the note if money can be deposited at 4% compounded quarterly. $55.105.98, $41,706.17 $77.217.33, $44.351.63 $148,102.44. $58.440.78 $77.217.27, $58,44116