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1. Use the Business Math Handbook to complete: Future Amount Desired Length of Time Rate Compounded Table Period Rate Used PV Factor PV Amount $9,000

1. Use the Business Math Handbook to complete:

Future Amount Desired	Length of Time	Rate Compounded	Table Period	Rate Used	PV Factor	PV Amount
$9,000	7 years	2 1/2% semiannually	?	?	?	?
$20,000	20 years	4% annually	?	?	?	?

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