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Calculate the present value of $6,000 received five years from today if your investments pay (Do not round intermediate calculations. Round your answers to 2
Calculate the present value of $6,000 received five years from today if your investments pay (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16))
Present Value
a. 5 percent compounded annually
b. 7 percent compounded annually
c. 9 percent compounded annually
d. 9 percent compounded semiannually
e. 9 percent compounded quarterly
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