Mathematics, 10.05.2021 18:40, 20eppsj

10. What is the present value of an investment earning 4% annual interest, compounded annually, if at the end of 10 years the investment is worth $16 250?
a. $10 977.92
c. $10 914.36
b. $10 935.78
d. $10 899.95

Answers: 3

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10. What is the present value of an investment earning 4% annual interest, compounded annually, if a...