Martinakom

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Category > Business & Finance Posted 18 Aug 2017 My Price 5.00

The local home improvement store has a washing machine on sale for $601, with the payment due in 2 years from today.

The local home improvement store has a washing machine on sale for $601, with the payment due in 2 years from today. The store is willing to discount the price at an annual rate of 9 percent ( compounded annually) if you pay today. What is the amount if you pay for the washing machine today?

round the answer to two decimal places.

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Martinakom
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Status NEW Posted 18 Aug 2017 04:08 PM My Price 5.00

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