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Question 6(1 point) You have an investment that will mature in 20 months with the value of $2500. You need some quick cash an
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Answer #1

then Ισο 2 2121.98.30 2

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Answer #2

pv= Fv/((1+i)^n)   fv=2500 n= 20/3=6.6667 i= 10%/4=2.5%  


pv= 2500/(1+2.5%)^6.6667= 2500/1.178943= 2120.54 present value

source: my self
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