Question

Chastity Median expects to receive interest payments totalling $15,540.00 every six months for 20 years how...

Chastity Median expects to receive interest payments totalling $15,540.00 every six months for 20 years how much is this cashflow worth to them today? Assume a discount rate of 1.00%.

a. $280,427.89

b. $686,228.49

c. $342,175.32

d. $562,116.42

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