What is the discounted value of $1338.00 paid at the end of every three months for...

Question

Question

What is the discounted value of

$1338.00

paid at the end of every

three months

for

3

years if interest is

4 %

per annum compounded semi dash annually question mark semi-annually?

Answer 1

Answer #1

Discounted value Px[1-(1:(1+r)^n)]=r Here, 3 A Interest rate per annum B Number of years C Number of compoundings per per ann

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Answer 2

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