Business, 15.10.2019 04:10 annetteaudc

Problem 5.24 find the present value of $4,900 under each of the following rates and periods: (use 365 days for calculation. if you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to the nearest penny.) a. 8.9 percent compounded monthly for five years. present value $ b. 6.6 percent compounded quarterly for eight years. present value $ c. 4.3 percent compounded daily for four years. present value $ d. 5.7 percent compounded continuously for three years. present value $

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Problem 5.24 find the present value of $4,900 under each of the following rates and periods: (use 3...

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