Question

Using provided data, solve for present value. When calculating 1/(1+I/Y)^N, round your answer to four decimal places. Use your rounded answer to calculate PV; enter PV rounded to the nearest dollar. When entering (1+I/Y) into the formula, be sure to solve for (1+I/Y) and then enter the result rounded to two decimal places.

Facts FV: $140,000 Annual Interest Rate: 1246 I/Y: ni: (Number of years) N: (Number of compounding periods) Compounded (Y): M

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AN (+/ч) x 17 TV Чосоо 60 ... 1+1 % 21.01 $202р.

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