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1 . Find the present value of $ 1 5 , 0 0 0 in one year. Use a rate of 9 % , quarterly

1. Find the present value of $15,000 in one year. Use a rate of 9%, quarterly compounding.
2. Find the present value of $15,000 in one year. Use a rate of 9%, continuous compounding.
3. Find the present value of $2,000 in 2 years, using a semi-annual compounding rate of 6%
4. What is the present value of $150 in 3 years, if the interest rate is 2%(assuming annual compounding)?
5. What is the present value of $150 in 3 years, if the interest rate is 2%(assuming this is a no compounding interest rate)?

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