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

Question 272

Question 272

Multiple Choice

Find the present value. Round to the nearest cent.
-To get $2000 after 10 years at 9% compounded semiannually


A) $1,170.71
B) $866.60
C) $829.29
D) $844.82

Correct Answer:

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