Find the present value of 1,200 due in 3 years and 9 months if money is for 10%, compounded quarterly. * 928.56 PHP O 827.56 PHP O 828.56 PHP O 1028.56 PHP
Find the present value of 1,200 due in 3 years and 9 months if money is for 10%, compounded quarterly. * 928.56 PHP O 827.56 PHP O 828.56 PHP O 1028.56 PHP
Chapter9: Sequences, Probability And Counting Theory
Section: Chapter Questions
Problem 29RE: Alejandro deposits $80 of his monthly earnings into an annuity that earns 6.25% annual interest,...
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Question
![Find the present value of 1,200 due in
3 years and 9 months if money is for
10%, compounded quarterly. *
O 928.56 PHP
O 827.56 PHP
O 828.56 PHP
O 1028.56 PHP](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd2075af6-d1d5-4395-b3f7-20a17f4e9472%2Fa0e1981f-5c7d-4942-a435-d91f2c448b35%2F70y0aso_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Find the present value of 1,200 due in
3 years and 9 months if money is for
10%, compounded quarterly. *
O 928.56 PHP
O 827.56 PHP
O 828.56 PHP
O 1028.56 PHP
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