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A sum of money is due in 6 years. If the banker's discount is $360 at 12% per an
Practice Questions
Q1
A sum of money is due in 6 years. If the banker's discount is $360 at 12% per annum, what is the present worth?
$2400
$3000
$3200
$3600
Questions & Step-by-Step Solutions
A sum of money is due in 6 years. If the banker's discount is $360 at 12% per annum, what is the present worth?
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