# algebra

find the present value for \$2000 if interest is 3.5% compounded quarterly for 6 years?

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1. i = .035/4 = .00875
n = 4x6 = 24

PV = 2000(1.00875)^-24
= .....

you do the button-pushing

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posted by Reiny
2. 24.084

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posted by mark

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