Find the present value (the amount that should be invested now to accumulate the following amount)...

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Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded

business finance

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Answer 1

Answer #1

$Fv= Future Value Present value interest rate no.of years No.of Compoundings Semi Annually PV FV/(1+i/m)^{n*m) 8000/(1+0.06/2)$

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Answer 2

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