Question: For this question, you should type which formula you should use (simple, compound, annuity, payout annuity, loan). You should also tell me which variable

For this question, you should type which formula you should use (simple,

For this question, you should type which formula you should use (simple, compound, annuity, payout annuity, loan). You should also tell me which variable you will be solving for, and you should type your final answer to two decimal places. ALL OTHER WORK MUST BE ON PAPER YOU SEND TO ME so I can see you substituted into the equation properly and the steps you took to solve. Calculate the present value of an account if the future value is $25,000 (after 9 years at 4%) if the interest is compounded monthly.

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