HELLO I NEED HELP WITH THE FOLLOWING FINANCE QUESTIONS 7)Find the present value of $80,000 due in 4 years at the given rate of interest. (Use a 365-day year. Round your answer to the nearest cent.) 4%/year compounded monthly 8)

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter4: Managing Your Cash And Savings
Section: Chapter Questions
Problem 7FPE: Calculating interest earned and future value of savings account. If you put 6,000 in a savings...
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HELLO I NEED HELP WITH THE FOLLOWING FINANCE QUESTIONS

7)Find the present value of $80,000 due in 4 years at the given rate of interest. (Use a 365-day year. Round your answer to the nearest cent.) 4%/year compounded monthly

8)

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