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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
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 $28,500 due 12 periods from now, discounted at 9% ? (Round answer to 2 decimal places, e.g. 25.25.) Present value (b) What is the present value of $28,500 to be received at the end of each of 5 periods, discounted at 8% ? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ Ite a Iresent Value of 1 TABLE 4 Present Value of an Annuity of 1
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