document.write( "Question 201911: Please Help:
\n" ); document.write( "Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.\r
\n" ); document.write( "\n" ); document.write( "$23,749 for 107 days; money earns 8.5%
\n" ); document.write( " A) $577.39
\n" ); document.write( " B) $23,176.88
\n" ); document.write( " C) $21,888.48
\n" ); document.write( " D) $23,171.61
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #152182 by rfer(16322)\"\" \"About 
You can put this solution on YOUR website!
first find the interest rate for 107 days.
\n" ); document.write( ".085/365=.000232876*107=.024917808
\n" ); document.write( "23749/1.0249170=23171.61 (D)
\n" ); document.write( "
\n" );