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Bill Starnes needs to buy another used logging truck. His mother will loan him part of the money compounded quarterly. If it estimates that he

Bill Starnes needs to buy another used logging truck. His mother will loan him part of the money compounded quarterly. If it estimates that he will be able to repay his mother a total of $27,000 in 4 2 years, how much can he borrow from her today? Use Table 16-1 or Table 16-2 to find PVF or PVF. Round swer to the nearest cent. Hide Feedback Incorrect

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