Find the present value of the accounts under the following conditions. 1. (A=$ 250,000), invested at 6.75
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Find the present value of the accounts under the following conditions.
1. \(A=\$ 250,000\), invested at 6.75 interest, compounded monthly, for 30 years.
2. \(A=\$ 500,000\), invested at \(7.1 \%\) interest, compounded quarterly, for 40 years.
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