Calculate present value of SEK 5,000 received in 12 months w/ 10% APR comp'd qtrly

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Student94

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Mar 11, 2018
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Hi!

I need help in understanding the essential steps and solution to this problem. Would appreciate any assistance.

Calculate the present value of SEK 5,000 that is received in 12 months, assuming an APR of 10% with quarterly compounding.

Friendly regards:
Linus
 
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