Posted by **Amanda** on Monday, November 26, 2012 at 1:05pm.

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 - 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 ...
- math - margaret Hillman invested $4,000 at 1.2% compounded quarterly for one ...
- finances - Calculate the future value of the following: o $5,000 compounded ...

More Related Questions