Find the present value of $25,000 over a term of 10 years at an annual interest rate

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Find the present value of $25,000 over a term of 10 years at an annual interest rate of 5% if interest is compounded:

a. Semiannually

b. Monthly

c. Continuously

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Related Book For  answer-question

Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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