"COMPOUND INTEREST, PRESENT VALUE. The annual, or simple, rate of compounding is ANNRATE%, the compounding period in months is CMPERIOD. = 1/30for daily, = 1 for monthly, =3 for quarterly,=6 for semiannually,=12 for yearly.FREQCONV is the number of compoundings in one year. NPERIODS is number of compounding periods in the term NUMYEARS. RATE%PER is the nominal rate % per compounding period. ACCUMVAL is the value of the PRESVAL after NUMYEARS of compounding at a nominal annual rate of ANNRATE%. *** Answers to problems *** (a) Variables are set to proper values at entry. PRESVAL=1825.55. Type any key to exit. ||$4,000 is due in 10 years at 8% compounded semiannually, what is the present value? Type comma key to see answers. Type (F2) to return to helpfile. ''(c) PCSCC, Inc., 1993"
