(a) find and (b) interpret the present value that will generate the given future value  $3758 at 11 7/8% compounded monthly for 17 years and 7 months.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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ISBN:9781337514835
Author:MOYER
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Chapter5: The Time Value Of Money
Section: Chapter Questions
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(a) find and (b) interpret the present value that will generate the given future value 

$3758 at 11 7/8% compounded monthly for 17 years and 7 months.

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