Find the Present Value of $70,000 Due in 4 Year(s)

question 111

Short Answer

Find the present value of $70,000 due in 4 year(s) at the given rate of interest. Round your answers to the nearest dollar.
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4% / year compounded monthly
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$__________
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9% / year compounded daily
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$__________

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Definitions:

Excitement Phase

The initial stage of the sexual response cycle, characterized by increased arousal and physiological preparation for sexual activity.

Genital Tissues

These are soft tissues that make up the genital organ's structure in both males and females.

Egodystonic Homosexuality

A disorder (not currently in use) in which the afflicted person is attracted to people of the same sex, but experiences conflict with his or her sexual orientation or wishes to change it.

Sensate Focus

In sex therapy programs, a form of desensitization applied to sexual fears.