Answered: Find the present value PV of the given…

Find the present value PV of the given future value. (Round your answer to the nearest cent.) Future value $8,300 at 9 1/2% simple interest for six years

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter9: Sequences, Probability And Counting Theory

Section9.4: Series And Their Notations

Problem 56SE: To get the best loan rates available, the Riches want to save enough money to place 20% down on a...

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Find the present value PV of the given future value. (Round your answer to the nearest cent.)

Future value $8,300 at 9 1/2% simple interest for six years

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