Complete the following using present value. (Use the Table 12.3.) (Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.) On PV Table 12.3 Length of time Rate Compounded Amount desired at end of period $ 17,600 Period used Rate used PV factor used PV of amount desired at end of period 7 years 12 % Quarterly %