SOLUTION: Siobhan will receive a $5,000 lump-sum bonus from work in five years. If she earns 5% interest, compounded quarterly, what’s the present value of the bonus?
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Question 1151152: Siobhan will receive a $5,000 lump-sum bonus from work in five years. If she earns 5% interest, compounded quarterly, what’s the present value of the bonus? Answer by ikleyn(52781) (Show Source):
