Asked Sep 21, 2019

Present value with A= $25,000, r= 10% compounded quarterly, t= 12 years


Expert Answer

Step 1

Calculate the present v...


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A PV m S25,000 10%4 1+ 4 $25,000 48 (1.025) S25,000 3.27148956069344 S7,641.77893164388 or S7,641.78|


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