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12:59 PM Tue Oct 15
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Math 1130 Autumn 2019
Javon Le
Homework: MML 8
Score: 0 of 1 pt
3.of 14 (12 complete)
A
HW Score: 78.57%, 11
5.2.8
Question H
Find the present value of the given future payment at the specified interest rate.
$450 due in four years at 8-% compounded quarterly
The present value is $1.
(Do not round until the final answer. Then round to the nearest cent as needed.)
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The Future value is given as F V = P V ( 1 + 1 0 0 n r ) n t where PV = present value r = rate of... View the full answer

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