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An investment will pay you $19,000 in 7 years. The appropriate discount rate is 7 percent compounded daily. What is the present value? What is

An investment will pay you $19,000 in 7 years. The appropriate discount rate is 7 percent compounded daily. What is the present value?

What is the present value if the discount rate is compounded weekly?

Monthly?

Quarterly?

Annually?

Continuously?

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