Question: how do i solve this What is the present value of $3780 due in nine months if simple interest rate is 5%? The present value

how do i solve this

how do i solve this What is the present value of $3780due in nine months if simple interest rate is 5%? The present

What is the present value of $3780 due in nine months if simple interest rate is 5%? The present value is $|:|. (Round the nal answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) For a sum of money invested at 5.1% compounded semi-annually for 9 years state the following values. (a) the number of compounding periods (b) the periodic rate of interest (c) the compounding factor (1 + i)n (d) the numerical value of the compounding factor (a) The number of compounding periods is El. (Type an integer or a decimal.)

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