Find the present value of $80,000 due in 8 years, given an annual rate of 9% compounded quarterly. Round tour answer to the nearest cent.
A)$39,352.59
B)$39,252.39
C)$39,152.19
D)$38,951.54
E)$39,252.19

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The Answer of Find the present value of $80,000 due in 8 years, given an annual rate of 9% compounded quarterly. Round tour answer to the nearest cent.
A)$39,352.59
B)$39,252.39
C)$39,152.19
D)$38,951.54
E)$39,252.19

Find the Present Value of $80,000 Due in 8 Years