Question: What is the discounted value (present value), and compound discount (interest) of a debt of $87,400.00 due 4 years from now if interest is 3.14%

What is the discounted value (present value), and compound discount (interest)

What is the discounted value (present value), and compound discount (interest) of a debt of $87,400.00 due 4 years from now if interest is 3.14% compounded monthly? Round all answers to two decimal places if necessary. D MD t: Compound Discount = $C]

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