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-   -   Calculating, is this correct (https://www.askmehelpdesk.com/showthread.php?t=395100)

  • Sep 10, 2009, 06:36 AM
    jasiremo
    Calculating, is this correct
    $7,000 in 5 years at a quarterly discount rate of 6%= $7000 x 0.7471 = $5229.70
  • Sep 10, 2009, 09:45 AM
    ArcSine
    That's close but no cigar, if what you have in mind is a 6% annual rate, compounded quarterly. Can you give a bit more info?

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