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    Precalculus Study Set 3
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    Exam 5: Inverse, Exponential, and Logarithmic Functions
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    Find the Present Value of the Future Value
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Find the Present Value of the Future Value

Question 101

Question 101

Multiple Choice

Find the present value of the future value.
-$6000, invested for 4 years at 3% compounded monthly


A) $6751.97
B) $6763.97
C) $5334.32
D) $5322.32

Correct Answer:

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