Calculate the present value PV of an investment that will be worth $1,000 at the stated interest

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Calculate the present value PV of an investment that will be worth $1,000 at the stated interest rate after the stated amount of time. HINT [See Quick Example 4.] (Round your answer to the nearest cent.)

7 years, at 3% per year, compounded annually

PV = $______

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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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Posted Date: Feb 12, 2024 06:08 AM

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Calculate the present value PV of an investment that will be worth $1,000 at the stated interest

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Data Analysis and Decision Making

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