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Calculate the present value. (Round your answer to two decimal places.) A = $40,000, r = 7% compounded monthly, t = 6 years
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Calculate the present value. (Round your answer to two decimal places.)

A = $40,000, r = 7% compounded monthly, t = 6 years

User RzR
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1 Answer

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26313.96 A=p(1+(r/n))^(nt) 40000=p(1+(.07/12))^72
User Brandee
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