Compute the present value of the following: a. $100 due in 30 years at 4 percent compounded

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Compute the present value of the following:

a. $100 due in 30 years at 4 percent compounded annually

b. $250 due in 8 years at 8 percent compounded quarterly

c. $1,000 due in 2 years at 12 percent compounded monthly

(Appendix)

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