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Find the present value of P10381 payable quarterly for 11 years if money is worth 8% compounded monthly. Identify the given: R =P n= payments

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Find the present value of P10381 payable quarterly for 11 years if money is worth 8% compounded monthly. Identify the given: R =P n= payments i 11 (in decimal form) m = 11 (round-off to four decimal places) Using j (in four decimal places), the present value is (round off to two decimal places)

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