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    Find the Present Value for the Given Future Amount
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Find the Present Value for the Given Future Amount

Question 231

Question 231

Multiple Choice

Find the present value for the given future amount. Round to the nearest cent.
-A = $37,000, 10 years r = 8% compounded semiannually


A) $17,138.16
B) $20,113.68
C) $81,071.56
D) $16,886.32

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