Amount Desired at End of

$\backslash$table$[[$Length of$,$Annual,,$],[$Period$,$Time $($years$),$Rate,Compounded$],[$$$20,000\mathrm{.}00,20,8\%,$Annually$]]$

Required:

Complete the following using the information above and the present value table $12\mathrm{.}3$ provided in the file.

Number of compounding periods

Periodic interest rate

PV factor used

PV of amount desired at end of period

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