Calculate the present value for the following. Round the answers to the nearest cent Present Nominal Value Interest Rate 1. 6.50% 5.25% 4.50% 5.75% 2. 3. 4. $0.00 $0.00 $0.00 $0.00 Compounding Frequency quarterly semi-annually monthly annually Time in Years 4 12 10 8 Future Value $12,850 $21,000 $14,400 $22,000
Calculate the present value for the following. Round the answers to the nearest cent Present Nominal Value Interest Rate 1. 6.50% 5.25% 4.50% 5.75% 2. 3. 4. $0.00 $0.00 $0.00 $0.00 Compounding Frequency quarterly semi-annually monthly annually Time in Years 4 12 10 8 Future Value $12,850 $21,000 $14,400 $22,000
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 68SGR
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