Solve the problem. Find the present value that will grow to $5000 if interest is 3.5% compounded

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Solve the problem.

Find the present value that will grow to $5000 if interest is 3.5% compounded quarterly for 10 yr.

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College Algebra

ISBN: 978-0134697024

12th edition

Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels

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Question Posted: Mar 09, 2019 07:02 AM

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Solve the problem. Find the present value that will grow to $5000 if interest is 3.5% compounded

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Use the compound interest formula ...View the full answer

College Algebra

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