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Find the present value for the amount given in the table. Amount Nominal Rate Frequency of Conversion Time $5755.99 1.8% monthly 14 years Question content
Find the present value for the amount given in the table.
Amount | Nominal Rate | Frequency of Conversion | Time |
$5755.99 | 1.8% | monthly | 14 years |
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Part 1
The present value is
$enter your response here.
(Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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