Asked by kathy

find the present value for $2000 if interest is 3.5% compounded quarterly for 6 years?
Answered by Reiny
i = .035/4 = .00875
n = 4x6 = 24

PV = 2000(1.00875)^-24
= .....

you do the button-pushing
Answered by mark
24.084
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