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    Exam 3: The Mathematics of Finance
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    Calculate the Present Value of an Investment That Will Be
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Calculate the Present Value of an Investment That Will Be

Question 41

Question 41

Short Answer

Calculate the present value of an investment that will be worth $1,000 after 6 years at 4% per year compounded annually. Round your answer to the nearest cent.
​
​P​ = __________

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