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Brief Exercise G-08 Need factor table (a) What is the present value of $26,000 due 14 periods from now, discounted at 6%? (Round answer to

Brief Exercise G-08

Need factor table

(a)What is the present value of $26,000 due 14 periods from now, discounted at 6%?(Round answer to 2 decimal places, e.g. 25.25.)

Present value

$enter a dollar amount rounded to 2 decimal places

(b)What is the present value of $26,000 to be received at the end of each of 11 periods, discounted at 8%?(Round answer to 2 decimal places, e.g. 25.25.)

Present value

$enter a dollar amount rounded to 2 decimal places

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