Question: 1 2 Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated.

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1 2 Find the present value (the amount that should be invested

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now to accumulate the following amount) if the money is compounded as

Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $5200 at 3% compounded quarterly for 6 years The present value is $ (Do not round until the final answer. Then round to the nearest cent as needed.) A zero-coupon bond with a face value of $19,000 and a 2.8% interest rate (compounded semiannually) will mature in 6 years. What is a fair price to pay for the zero-coupon bond today? A fair price to buy the bond at would be $- (Do not round until the final answer. Then round to the nearest cent as needed.)

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