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Find the present value and the compound discount of $4767.11 due 6 years from now if money is worth 1.6% compounded semi-annually. The present value
Find the present value and the compound discount of $4767.11 due 6 years from now if money is worth 1.6% compounded semi-annually.
The present value of the money is $
(Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
The compound discount is $
(Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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