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Determine the present value, discounted at 4 percent per year of $40,000 to be received 6 years from today if the interest rate is compounded

Determine the present value, discounted at 4 percent per year of $40,000 to be received 6 years from today if the interest rate is compounded under either of the following two terms. Round your answers to the nearest cent.

Semiannually
Quarterly

Please show work in Excel

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