Mathematics
Discussion on the Value of Money

Question Description

I’m trying to study for my Algebra course and I need some help to understand this question.

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.Need to see work

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Final Answer

Anbalagan R (463)
Cornell University

Anonymous
Thanks for the help.

Anonymous
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Anonymous
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