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Find the Present Value, Using the Present Value Formula and a Calculator

question 94

Short Answer

Find the present value, using the present value formula and a calculator.

Achieve $6,000 in two years at 9.5% simple interest.

Please round the answer to the nearest cent.

$__________


Definitions:

Channel And Medium

The means and pathways through which messages and information are communicated from sender to receiver.

Capability

The ability or capacity to achieve something, often related to skills, resources, or technology.

Quantity Of Information

The amount of data or details contained in a message or document.

Validity

refers to the extent to which a concept, conclusion, or measurement is well-founded and likely corresponds accurately to the real world.

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