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nitanikollaj nitanikollaj
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4 months ago

Mark Larken promised his grandson Ralph that he would give him $3,000 six years from today for graduating high school. If money is worth 10% compounded semiannually, what is the present value of this money?

Note: Round your answer to the nearest cent.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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gronk44gronk44
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4 months ago
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nitanikollaj Author
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4 months ago
Thanks
ofsuahasiufhoas
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Ifekwunigwe
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2 hours ago
Brilliant ツ
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