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Business, 19.12.2021 18:50 alina1120

A friend wants to borrow money from you. He states that he will pay you $4,600 every 6 months for 8 years with the first payment exactly 2 years and six months from today. The interest rate is an APR of 6.9 percent with semiannual compounding. What is the value of the payments today? rev: 12_21_2017_QC_CS-112624, 10_18_2019_QC_CS-186872, 12_04_2019_QC_CS-192630 Multiple Choice $32,458.35 $50,382.84 $48,757.59 $47,131.55 $48,866.22

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A friend wants to borrow money from you. He states that he will pay you $4,600 every 6 months for 8...

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