Homework Help: math g 11

Posted by neha on Tuesday, May 15, 2012 at 3:53pm.

the kwans will need $50,000 in 3years to expand their business. what is the equivalent value today if inflation is projected to be approx 3.5% per year compounded anualy

math g 11 - Steve, Tuesday, May 15, 2012 at 5:25pm
p*1.035^3 = 50000
p = 45097.10

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