Question: Present Value Computation Pete Frost made a deposit into his savings account 3 years ago, and earned interest at an annual rate of 8. The

Present Value Computation Pete Frost made a deposit into his savings account 3 years ago, and earned interest at an annual rate of 8. The deposit accumulated to $21,000. How much was initially deposited assuming that the interest was compounded (a) annually, (b) semiannually, and (c) quarterly? Use Excel or a financial calculator for computation. Round your answer to nearest dollar. a) Annually 5 by Semiannually 3 0 10 Quarterly 3 0 Previous Save Answers Next >

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