8-2 Situational Analysis: Identifying Skills and Aligning With Network
1.What is the present value of a security that will pay $42,000 in 20 years if securities of equal risk pay 9% annually? Do not round intermediate
1.What is the present value of a security that will pay $42,000 in 20 years if securities of equal risk pay 9% annually? Do not round intermediate calculations. Round your answer to the nearest cent. 2. Your parents will retire in 16 years. They currently have $370,000 saved, and they