Calculate the present value of 4000 received five years


Question: Calculate the present value of $4,000 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. 6 percent compounded annually $

b. 8 percent compounded annually

c. 10 percent compounded annually

d. 10 percent compounded semiannually

e. 10 percent compounded quarterly

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Finance Basics: Calculate the present value of 4000 received five years
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