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Calculate the present value. (Round your answer to two decimal places.) A = $30,000, r = 15% compounded quarterly, t = 16 years $

Calculate the present value. (Round your answer to two decimal places.) A = $30,000, r = 15% compounded quarterly, t = 16 years $
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1 vote
Calculate the present value. (Round your answer to two decimal places.)

A = $30,000, r = 15% compounded quarterly, t = 16 years
$

User Maoz Zadok
by
8.5k points

1 Answer

4 votes
30,000*16
15 percent of 480000
= 72,000
User Shiran
by
8.3k points
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