algebra

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

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asked by kathy
  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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