Question: Find the present value of the given future amount. $133, 104 for 310 days at 8.7% simple interest. Assume 360 days in a year. .

 Find the present value of the given future amount. $133, 104

for 310 days at 8.7% simple interest. Assume 360 days in a

Find the present value of the given future amount. $133, 104 for 310 days at 8.7% simple interest. Assume 360 days in a year. . . . What is the present value? (Round to the nearest dollar as needed.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!