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table 1
table 2
Answer:
Calculate the present value of investment:
Future value of estimated monetary fund (A) is $1650
billion
Interest rate (i) is12% compounded quarterly
Number of years (N) is 6 years
Periods = 4 x 6 years = 24 periods
PV = A/(1+i)n
=$1650 / (1+(0.12/4))6x4
=$1650 / 2.032794
=$811.69
The present value of todays investment is $811.69
Zoom picture please table 1 table 2 The International Monetary Fund is trying to raise $1,650...
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table 1table 2
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