16. Assume the real rate of interest is 3.00% and the inflation rate is 6.00%. What is the value today of receiving 17,2
Posted: Fri Jul 01, 2022 7:43 am
16. Assume the real rate of interest is 3.00% and the inflation rate is 6.00%. What is the value today of receiving 17,292.00 in 12.00 years? a. $6,027.37 b. $4,960.77 c. $5,127.12 d. $3,751.25 e. None of the above