Calculate the present value-investments pay

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Calculate the present value of $7,000 received four years from today if your investments pay (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16))

Present Value

a. 5 percent compounded annually $

b. 7 percent compounded annually

c. 9 percent compounded annually

d. 9 percent compounded semiannually

e. 9 percent compounded quarterly

Reference no: EM13980704

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