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Calculate the future value for the following 3 problems Present Value Interest Rate Time (Years) Compounding $6,000 3% 8 Semiannually $8,900 6% 4 Monthly $17,600 12% 7 Quarterly Calculate the present value for the following Future Value = $25,000 Interest = 5%

Calculate the future value for the following 3 problems Present Value Interest Rate Time (Years) Compounding $6,000 3% 8 Semiannually $8,900 6% 4 Monthly $17,600 12% 7 Quarterly Calculate the present value for the following Future Value = $25,000 Interest = 5%

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Calculate the future value for the following 3 problems Present Value Interest Rate Time (Years) Compounding $6,000 3% 8. Semiannually $8,900 6% 4 Monthly $17,600 12% Quarterly Calculate the present value for the following Future Value = $25,000 Interest = 5% Time = 10 years %3D
Transcribed Image Text:Calculate the future value for the following 3 problems Present Value Interest Rate Time (Years) Compounding $6,000 3% 8. Semiannually $8,900 6% 4 Monthly $17,600 12% Quarterly Calculate the present value for the following Future Value = $25,000 Interest = 5% Time = 10 years %3D
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