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    Precalculus Concepts Through Function
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    Exam 4: Exponential and Logarithmic Functions
  5. Question
    Find the Present Value
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Find the Present Value

Question 257

Question 257

Multiple Choice

Find the present value. Round to the nearest cent.
-To get $5600 after 8 years at 5% compounded annually


A) $3,639.62
B) $2,260.9
C) $5,962.67
D) $3790.30

Correct Answer:

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