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K Find the present value and the compound discount of $4547.33 due 6.5 years from now if money is worth 9.9% compounded monthly. The present value of the money is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

K Find the present value and the compound discount of $4547.33 due 6.5 years from now if money is worth 9.9% compounded monthly. The present value of the money is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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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K Find the present value and the compound discount of $4547.33 due 6.5 years from now if money is worth 9.9% compounded monthly. The present value of the money is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) View an example 80 F3 Get more help. 000 000 F4 F5 MacBook Air F6 F7 DII F8 F9 F10 Clear all F11 Check answer F12
Transcribed Image Text:K Find the present value and the compound discount of $4547.33 due 6.5 years from now if money is worth 9.9% compounded monthly. The present value of the money is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) View an example 80 F3 Get more help. 000 000 F4 F5 MacBook Air F6 F7 DII F8 F9 F10 Clear all F11 Check answer F12
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