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    Applied Calculus
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    Exam 5: Exponential and Logarithmic Functions
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    Find the Present Value of $57,939 Due in 6 Year(s)
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Find the Present Value of $57,939 Due in 6 Year(s)

Question 138

Question 138

Multiple Choice

Find the present value of $57,939 due in 6 year(s) at an interest rate of 9% / year compounded continuously. Round your answer to the nearest integer.


A) $34,547
B) $33,766
C) $34,165
D) $33,764

Correct Answer:

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