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Using the table in the handbook, the present value of $12,000 for six years compounded at 6% semiannually is:

Using the table in the handbook, the present value of $12,000 for six years compounded at 6% semiannually is:
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Using the table in the handbook, the present value of $12,000 for six years compounded at 6% semiannually is:

asked
User Inese
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7.3k points

1 Answer

6 votes
$12,000 x 0.7014 = $8,416.80

Answer: $8,416.80
answered
User Jodiug
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9.3k points
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