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QUESTION
Callie expects to receive $50,000 in 2 years. Her opportunity cost is 10% compounded monthly. What is the sum worth to Callie today?
Callie expects to receive $50,000 in 2 years. Her opportunity cost is 10% compounded monthly. What is the sum worth to Callie today?note:please show your work and if you use excel can you please include formula.THANK YOU!
Callie expects to receive $50,000 in 2 years. Her opportunity cost is 10% compounded monthly. What is the sum worth to Callie today?note:please show your work and if you use excel can you please...