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Find the present value of $4,000 under each of the following rates and periods: (Round your final answer to the nearest penny) a. 8.9 percent

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Find the present value of $4,000 under each of the following rates and periods: (Round your final answer to the nearest penny) a. 8.9 percent compounded monthly for five years. Present value $ b. 6.6 percent compounded quarterly for eight years. Present value $ c.4.3 percent compounded daily for four years. Present value $ d.5.7 percent compounded continuously for three years. Present value $ View Policies Current Attempt in Progress Carol Garcia expects to need $63,000 for a down payment on a house in six years. How much would she have to invest today in an account paying 5.25 percent in order to have $63,000 in six years? (Round answer to 2 decimal places, eg. 52.75.) $ Present value Current Attempt in Progress Susan Wilson has $11,000 that she can deposit into a savings account for five years. Bank A compounds interest annually, Bank Btwice a year, and Bank C quarterly. Each bank has a stated interest rate of 4 percent. What account balance would Susan have at the end of the fifth year if she left all the interest paid on the deposit in each bank? (Round answers to 2 decimal places, eg. 52.75.) Bank A Bank B Bank C $ $ $ $ Future Value

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