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Discussion on the Value of Money


label Accounting
account_circle Unassigned
schedule 0 Hours
account_balance_wallet $5

Find the present value that will grow to $5000 if interest is 3.5% compounded quarterly for 10 years. Round your answer to two decimal places.

Oct 28th, 2014

present value= $1,348.72


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Oct 28th, 2014

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