Find the present value of $20,000 due in 4 year(s) at the given rate of interest. Round your answer to the nearest dollar.
?
5% / year compounded monthly __________
?
8% / year compounded daily __________
?
A. $16,381, $14,523
B. $16,381, $24,418
C. $16,381, $27,542
D. $14,523, $24,418
Answer: A
Mathematics
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x + 
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