Find the Present Value of $50,000 Due in 3 Year(s)

question 211

Multiple Choice

Find the present value of $50,000 due in 3 year(s) at the given rate of interest. 5% / year compounded monthly __________
9% / year compounded daily __________

• A) $43,049, $38,170
• B) $43,049, $58,074
• C) $38,170, $58,074
• D) $43,049, $65,496

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