Calculate the present value of the compound interest loan. (Round your answers to the nearest cent.)...

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Calculate the present value of the compound interest loan. (Round your answers to the nearest cent.) $27,000 after 6 years at 3% if the interest is compounded in the following ways. (a) annually $ (b) quarterly Calculate the present value of the compound interest loan. (Round your answers to the nearest cent.) $27,000 after 6 years at 3% if the interest is compounded in the following ways. (a) annually $ (b) quarterly