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QUESTION
I need answer as soon as possible with no explanation What is the present value of $5000 to be received in 5 years, if the interest rate is 5% p.a.,
I need answer as soon as possible with no explanation
What is the present value of $5000 to be received in 5 years, if the interest rate is 5% p.a., compounding fortnightly?
Select one:
a. $3794
b. $3750
c. $3918
d. $3895
