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Problem 5.24 Find the present value of $3,300 under each of the following rates and periods: (Use 365 days for calculation. If you solve this
Problem 5.24 Find the present value of $3,300 under each of the following rates and periods: (Use 365 days for calculation. If you solve this problem with algebra round Intermediate calculations to 4 decimal places in all cases round your final answer to the nearest penny.) a. 8.9 percent compounded monthly for five years Present valut & b. t. 6 percent compounded quarterly for eight years, Present value 0.4.3 percent compounded daily for four years Presente 4,57 percent compounded continuously for three years Presente Click if you would like to show Work for this questions to Show Work
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