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Find the present value of $80,000 due in 6 years at the given rate of interest. (Round your answers to the nearest cent.) (a) 6%/year

Find the present value of $80,000 due in 6 years at the given rate of interest. (Round your answers to the nearest cent.)

(a) 6%/year compounded monthly $ 55864.19 (b) 7%/year compounded daily $ 52565.84 this is incorrect I need help please step by step

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