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    Mathematics
  3. Study Set
    College Algebra and Trigonometry
  4. Exam
    Exam 4: Inverse, Exponential, and Logarithmic Functions
  5. Question
    Find the Present Value of the Future Value
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Find the Present Value of the Future Value

Question 164

Question 164

Multiple Choice

Find the present value of the future value.
-$3000, invested for 3 years at 5% compounded monthly


A) $3484.42
B) $2582.93
C) $3469.42
D) $2597.93

Correct Answer:

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