Chat with AIExam 9: Compound Interest - Future Value and Present Value
Exam 1: Review of Arithmetic103 Questions
Exam 2: Review of Basic Algebra193 Questions
Exam 3: Ratio, Proportion, and Percent152 Questions
Exam 4: Linear Systems81 Questions
Exam 5: Trade Discount, Cash Discount, Markup, and Markdown119 Questions
Exam 6: Break-Even and Cost-Volume-Profit Analysis24 Questions
Exam 7: Simple Interest95 Questions
Exam 8: Simple Interest Applications63 Questions
Exam 9: Compound Interest - Future Value and Present Value123 Questions
Exam 10: Compound Interest - Further Topics53 Questions
Exam 11: Ordinary Simple Annuities76 Questions
Exam 12: Ordinary General Annuities74 Questions
Exam 13: Annuities Due, Deferred Annuities, and Perpetuities132 Questions
Exam 14: Amortization of Loans, Including Residential Mortgages59 Questions
Exam 15: Bond Valuation and Sinking Funds81 Questions
Exam 16: Investment Decision Applications56 Questions
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Compute the discounted value of $5125.00 due in three years, eight months if money is worth 8.24% compounded quarterly.
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(32) What is the present value of $7800.00 payable in six years if the current interest rate is 7.6% p.a., compounded quarterly?
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(36) A note dated July 1, 2000, promises to pay $9000 with interest at 12.4% compounded quarterly on January 1, 2007. Find the proceeds from the sale of the note on July 1, 2002, if money is then worth 8.64% compounded semi-annually.
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