Find the present value of 3100 under each of the following, Ask an Expert

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Find the present value of $3,100 under each of the following rates and periods.

a. 8.9 percent compounded monthly for five years.

b. 6.6 percent compounded quarterly for eight years

c. 4.3 percent compounded daily for four years

d. 5.7 percent compounded continuously for three years

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91645809

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