Find the present value of the following future amount. $300,000 at 6% compounded annually for 25 years What is the present value? $ (Round to the appropriate cent.)

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Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 8% interest…

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Q: Find the present value of the following future amount. $200,000 at 10% compounded quarterly for 30…

A: Given future value FV=$ 200,000 Rate of return r 10% compounded quarterly n=4 for t=30 years Let PV…

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Q: Find the future value and interest of $10,000 at 6.3% compounded annually for 20 years. A. Future…

A: This question belongs to compound interest. We have to find amount and interest.