What is the discounted value of payments of $120.00 made at the end of each month for 7.5 years if interest is 8% compounded monthly? The discounted value is S (Round the final answer to the nearest...


What is the discounted value of payments of $120.00 made at the end of each month for 7.5 years if interest is 8% compounded monthly?<br>The discounted value is S<br>(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)<br>

Extracted text: What is the discounted value of payments of $120.00 made at the end of each month for 7.5 years if interest is 8% compounded monthly? The discounted value is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Jun 07, 2022
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