To get $1000 after 2 years at 6% compounded daily In problem, find the principal needed now

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To get $1000 after 2½ years at 6% compounded daily

In problem, find the principal needed now to get each amount; that is, find the present value.


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Related Book For  answer-question

Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

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