Question:
Find the present value the amount that should be invested
Last updated: 12/12/2022
![Find the present value the amount that should be invested](https://media.kunduz.com/media/sug-question-candidate/20221212023140522376-3748499.jpg?h=512)
Find the present value the amount that should be invested now to accumulate the following amount if the money is compounded as indicated 6200 at 9 compounded quarterly for 8 years The present value is Do not round until the final answer Then round to the nearest cent as needed