Find the present value and the compound discount of $5184.54 due 6 years from now if money is worth 8.8% compounded semi-annually The present value of the money is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The compound discount is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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Your Question:
Find the present value and the compound discount of $5184.54 due 6 years from now if money is worth 8.8% compounded semi-annually
The present value of the money is $
(Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
The compound discount is $
(Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Transcribed Image Text:Find the present value and the compound discount of $5184.54 due 6 years from now if money is worth 8.8% compounded semi-annually The present value of the money is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The compound discount is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)