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$29,000 after 8 years a at 5% in the interest is compounded in the following ways Calculate the present value of the compound interest loan.

$29,000 after 8 years a at 5% in the interest is compounded in the following ways

Calculate the present value of the compound interest loan. (Round your answers to the nearest cent.) $29,000 after 8 years at 5% if the interest is compounded in the following ways. (a) annually $ (b) quarterly $

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