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176 Submissions Used MY NOTES Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated interest rate after the stated amount of time. (Round your answer to the nearest cent.) ASK YOUR T 4 years, at 7% per year, compounded annually PV = $ 762.90 Need Help? Read It Watch It

176 Submissions Used MY NOTES Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated interest rate after the stated amount of time. (Round your answer to the nearest cent.) ASK YOUR T 4 years, at 7% per year, compounded annually PV = $ 762.90 Need Help? Read It Watch It

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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1/6 Submissions Used MY NOTES ASK YOURT Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated interest rate after the stated amount of time. (Round your answer to the nearest cent.) 4 years, at 7% per year, compounded annually PV = $ 762.90 Need Help? Read It Watch It
Transcribed Image Text:1/6 Submissions Used MY NOTES ASK YOURT Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated interest rate after the stated amount of time. (Round your answer to the nearest cent.) 4 years, at 7% per year, compounded annually PV = $ 762.90 Need Help? Read It Watch It
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