SOLUTION: Find the principal needed now to get the given amount; that is, find the present value.
To get $900 after 4 years at 8% compounded quarterly
The present value of $900
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Question 1201781: Find the principal needed now to get the given amount; that is, find the present value.
To get $900 after 4 years at 8% compounded quarterly
The present value of $900 is ?
Answer by josgarithmetic(39626) (Show Source): You can put this solution on YOUR website!
Do this just like the other one.
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