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What is the present value of $15,000 received at the end 1 year if the discount rate is 12 percent annual rate and compounded monthly?

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What is the present value of $15,000 received at the end 1 year if the discount rate is 12 percent annual rate and compounded monthly? Answer to the nearest dollar. Your Answer: Answer Question 6 (10 points) What annual rate of return is required for $5,000 today to be worth $10,000 at the end of 5 years using semiannual compounding? Answer as a percentage out to 2 decimal places. Your

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