Calculate the present value of $5,000 received six years from today if your investments pay...
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Accounting
Calculate the present value of $5,000 received six years from today if your investments pay for the following interest rates. (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16))
a) 6 percent compounded annually
b) 8 percent compounded annually
c)10 percent compounded annually
d) 10 percent compounded semiannually
e) 10 percent compounded quarterly
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