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QUESTION

Find the present value of $30,000 due in 5 years at the given rate of interest. (Round your answer to the nearest cent.) 9%/year compounded...

1. Find the present value of $30,000 due in 5 years at the given rate of interest. (Round your answer to the nearest cent.)9%/year compounded quarterly2. Find the present value of $30,000 due in 5 years at the given rate of interest. (Round your answer to the nearest cent.)9%/year compounded daily

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