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Find the principal needed now (the present value) in order to get $10,000 after 15 years, compounded semiannually at a rate of 5%.
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Find the principal needed now (the present value) in order to get $10,000 after 15 years, compounded semiannually at a rate of 5%.
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May 5, 2023
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Find the principal needed now (the present value) in order to get $10,000 after 15 years, compounded
semiannually at a rate of 5%.
Mathematics
college
Rabejens
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Answer:
10000×(1+5%)^(15×2)=43219.4238
Nirav Alagiya
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May 10, 2023
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Nirav Alagiya
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