Find the present value and the compound discount of (a) $3600 due in 9 years if interest

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Find the present value and the compound discount of
(a) $3600 due in 9 years if interest is 8% com- pounded semi-annually;
(b) $9000 due in 5 years if money is worth 6.8% compounded quarterly.

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:50 AM

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Find the present value and the compound discount of (a) $3600 due in 9 years if interest

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a PV 360000104 18 3600000493628 177706 Discount 3...View the full answer

Contemporary Business Mathematics with Canadian Applications

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