A future value of $⁢10,000 is expected after 5 years from an investment with an annual interest rate of 4% , compounded quarterly. Calculate the present value. Use P⁢V=(F⁢V)/((1+(r)/(n))^n⋅t)

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Present and Future Value — Quiz

A future value of $⁢10,000 is expected after 5 years from an investment with an annual interest rate of 4% , compounded quarterly. Calculate the present value. Use P⁢V=(F⁢V)/((1+(r)/(n))^n⋅t)

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