find present value of 29000 if you invested 9% in 17 quarters
strange way of stating the question.
Are you saying the rate is 9% per annum, compounded quarterly?
If so, then
PV = 29000(1.0225)^-17
=19866.51
Are you saying the rate is 9% per annum, compounded quarterly?
If so, then
PV = 29000(1.0225)^-17
=19866.51