Question: Find the present value (rounded to the nearest dollar) of: 1. $55,000 due in 4 years at 6% compounded annually. 2. $15,000 due in 6

Find the present value (rounded to the nearest dollar) of:

1. $55,000 due in 4 years at 6% compounded annually.

2. $15,000 due in 6½ years at 4% compounded semiannually.

3. $100,000 due in 5 years at 16% compounded quarterly.

4. $85,000 due in 25 years at 10% compounded semiannually.


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