Posted by **Amanda** on Friday, November 23, 2012 at 11:34pm.

Find the present value of $31,000 due in 4 yr at the given rate of interest.

(a) 6%/year, compounded quarterly

$ ?

(b) 3%/year, compounded quarterly

$ ?

## Answer This Question

## Related Questions

- math - Find the present value of $31,000 due in 4 yr at the given rate of ...
- math - Find the present value of $31,000 due in 4 yr at the given rate of ...
- Fins nance business - 1. Find the future value of current $1,000 5 year from ...
- finite math - Find the present value of an ordinary annuity of $600 payments ...
- algebra - Find the accumulated value of an investment of $10,000 for 3 years at ...
- math - Steve wants to have $25000 in 25 years, he can only get 3.2% interest ...
- Math - Find the effective rate corresponding to the given nominal rate. (Round ...
- Math - Find the effective rate corresponding to the given nominal rate. (Round ...
- Math - Compound - If a bank offers interest at a nominal rate of 6%, how much ...
- finances - Calculate the future value of the following: o $5,000 compounded ...

More Related Questions