SOLUTION: what is the present value of 30,000 when compounded monthly at 4% for 5 years?

Algebra ->  Algebra  -> Customizable Word Problem Solvers  -> Finance -> SOLUTION: what is the present value of 30,000 when compounded monthly at 4% for 5 years?       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com
Ad: Algebrator™ solves your algebra problems and provides step-by-step explanations!
Ad: Algebra Solved!™: algebra software solves algebra homework problems with step-by-step help!

   


Question 616889: what is the present value of 30,000 when compounded monthly at 4% for 5 years?

Answer by richwmiller(9135) About Me  (Show Source):
You can put this solution on YOUR website!
present value is 30,000