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Find the present value of the given amounts F with the indicated annual rate of return r , the number of years t , and
Find the present value of the given amounts F with the indicated annual rate of return r, the number of years t, and the indicated compounding. (Round your answers to the nearest cent.)
F = $7500, r = 2.6%, t = 22
(a) compounded annually $ (b) compounded quarterly $ (c) compounded monthly $ (d) compounded daily $
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