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  • 15-12-2017
  • Mathematics
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Find the present value of $1,300,000 if interest is paid at a rate of 8.2% compounded monthly for 9 years. The present value is?

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zrh2sfo
zrh2sfo zrh2sfo
  • 19-12-2017
In 9 years, you will have $2,712,455.17 (see attachment for formula)
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