E) $1,596.62 14) A security pays $10,000 every year for 3 years. An alternative investment has an APR of 12% and compoun
Posted: Wed May 18, 2022 11:18 pm
E) $1,596.62 14) A security pays $10,000 every year for 3 years. An alternative investment has an APR of 12% and compounds monthly. What should the price of the security be? A) $26,358.35 B) $24,018.31 C) $24,294.50 D) $23,739.40 E) $25,089.59 in mirsts. Projects Small and Big.