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4 Exercise B-4 Interest rate on an investment LO P2 0.83 points Bill Padley expects to invest $24,000 for 9 years after which he wants
4 Exercise B-4 Interest rate on an investment LO P2 0.83 points Bill Padley expects to invest $24,000 for 9 years after which he wants to receive 5.3459.20 What we ofterest must decat (PV of $1. EV of $1. PVA of $1. and EVA (Use appropriate factor(s) from the tables provided Round "Tolle Factor 4 decimat places.) Answer is complete but not entirely correct. Presenti Value Table Factor 24 000 14235 Future Value 34.150 20
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