Question:
Find the present value of $11,700 due 7 yr later at 12.5%
Last updated: 7/18/2022

Find the present value of $11,700 due 7 yr later at 12.5% compounded continuously. Round the answer to the nearest cent. A. $3,707.29 B. $4,877.29 C. $28,066.82 D. $26,896.82