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CAN YOU SHOW AN EQUATION TO SERVE AS THE LABLES FOR THE SOLUTION AND TO SPECIFICALLY STATE WHICH N= NUMBER OF PERIODS, AND I =
CAN YOU SHOW AN EQUATION TO SERVE AS THE LABLES FOR THE SOLUTION AND TO SPECIFICALLY STATE WHICH N= NUMBER OF PERIODS, AND I = INTEREST RATE. ALSO CAN YOU INCLUDE THE SOLUTION DIRECTLY UNDERNEATH THE EQUATION SO THAT THE DOLLAR AMOUNTS AND FACTORS ARE LABELED. PLEASE SHOW THIS VERY CLEARLY WRITTEN PLEASE.
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What is the present value of $10,000 to be received two years from today assuming an annual interest rate of 24% and monthly compounding
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