Math  /  Numbers & Operations

QuestionWhat is the present value of $3780\$ 3780 due in nine months if simple interest rate is 5%5 \% ?
The present value is $\$ \square (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Studdy Solution
Round the present value to the nearest cent:
PV3643.77PV \approx 3643.77
The present value is $3643.77\$ \boxed{3643.77}.

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