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present value formula P=A(1+r)^n

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Present value formula. P=A(1+r)^n

If my formula is set up as P=4500(1+.05)^-5 

what is my correct setup for the answer

May 15th, 2015

P=4500(1+.05)^-5=3525.87



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May 15th, 2015

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May 15th, 2015
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May 15th, 2015
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