Compound interest what is the present value of a 5000, Finance Basics

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Compound interest what is the present value of a 5000

Question: Compound interest. What is the present value of a $5,000 payment that you must make to your bank lue in exactly 4 years from now if the relevant interest rate is 6.2%? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Compound interest what is the present value of a 5000

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