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Calculate the present value of $6,000 received five years from today if your investments pay (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16))

Present Value

a. 5 percent compounded annually

b. 7 percent compounded annually

c. 9 percent compounded annually

d. 9 percent compounded semiannually

e. 9 percent compounded quarterly

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92355248

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