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Brief Exercise G-8 Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a)
Brief Exercise G-8 Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $36,500 due 15 periods from now, discounted at 11%? (Round answer to 2 decimal places, e.g. 25.25.) Present value (b) What is the present value of $36,500 to be received at the end of each of 9 periods, discounted at 12%? (Round answer to 2 decimal places, e.g. 25.25.) Present value
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