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Mathematics, 13.08.2020 01:01 Marqiuse412
Leon Smith will receive $84,800 on 5 years from now, from a trust fund established by his father. Assuming the appropriate interest rate for discounting is 12% (compounded semiannually), what is the present value of this amount today? (Round factor values to 5 decimal places, e. g. 1.25124. Round answers to the nearest whole dollar, e. g. 5,275.) Present value $
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Leon Smith will receive $84,800 on 5 years from now, from a trust fund established by his father. As...
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