Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:Find the present value of the given future amount.
$43,000 for 22 months at 5% simple interest
What is the present value?
$
(Round to the nearest dollar as needed.)
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