Business, 07.04.2020 20:07 zg683746

Pineapple Enterprises has an outstanding liability that will require them to pay Apple Co. $50,000 in 5 years. How much cash would Pineapple need to deposit today into an account, earning 8% interest, compounded quarterly, in order to have the amount needed in 5 years?

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Pineapple Enterprises has an outstanding liability that will require them to pay Apple Co. $50,000 i...