Answer: Exercises 6368 deal with the compound interest for-mula which was discussed in
Chapter 5, Problem 67(choose chapter or problem)
Exercises 6368 deal with the compound interest for-mula which was discussed in Section 5.3and used in Example 6 of this section.How much money should be invested at 5%interest compounded quarterly so that 9 years laterthe investment will be worth $5000? This answer iscalled the present value of $5000 at 5% interest.
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