Here is one of them   Problem 5.21   Your answer is incorrect.  Try again.   Find the present value of $3,500 under each of the...

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Problem 5.21

 
Incorrect answer.Your answer is incorrect.  Try again.
  
Find the present value of $3,500 under each of the following rates and periods.
(If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.)
a. 8.9 percent compounded monthly for five years.

Present value $Entry field with incorrect answer[removed]

b. 6.6 percent compounded quarterly for eight years.

Present value $Entry field with incorrect answer now contains modified data[removed]

c. 4.3 percent compounded daily for four years.

Present value $Entry field with incorrect answer[removed]

d. 5.7 percent compounded continuously for three years.

Present value $Entry field with incorrect answer[removed]

 

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