425000
FV = PV*(1+rate)^time So, (1+.03)^5 = 1.159274074 And: 700000 = PV*1.159274074, solve for PV = 603826.15 [to the nearest cent]
it means how much the current asset is worth in the market
$50.63
You nincompoop I am artyfarty2001
tu hola
FV = PV*(1+rate)^time So, (1+.03)^5 = 1.159274074 And: 700000 = PV*1.159274074, solve for PV = 603826.15 [to the nearest cent]
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$140
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kind of efficeint market
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