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QUESTION 6 Jason manually calculated the present value of $350,000 at 12 percent 15 years from now to be $58,374.18 when interest is compounded monthly.

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QUESTION 6 Jason manually calculated the present value of $350,000 at 12 percent 15 years from now to be $58,374.18 when interest is compounded monthly. If Jason used the notation in the formula below to arrive at his answer, what is the numerical value of "t" in his formula? FV PV (1+r) 180 100 60 30 O is

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