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What is the present worth of these future payments? (a) $25,500 eight years from now at 12% compounded annually (b) $58,000 twelve years from
What is the present worth of these future payments? (a) $25,500 eight years from now at 12% compounded annually (b) $58,000 twelve years from now at 4% compounded annually (c) $25,000 nine years from now at 6% compounded annually (d) $35,000 four years from now at 9% compounded annually Click the icon to view the interest factors for discrete compounding when i=4% per year. Click the icon to view the interest factors for discrete compounding when i=6% per year. Click the icon to view the interest factors for discrete compounding when i=9% per year. Click the icon to view the interest factors for discrete compounding when i = 12% per year. (a) The present worth is $ (Round to the nearest dollar.)
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