In Problems 25-28, find the present value, using the present value formula and a calculator. Achieve ($
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In Problems 25-28, find the present value, using the present value formula and a calculator.
Achieve \(\$ 225,500\) at \(8.65 \%\) compounded continuously for 8 years, 135 days.
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In order to calculate the present value well use the formula for compound interest which can be repr...View the full answer
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