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Complete the following using present value. (Use the Table provided.) (Do not round intermediate calculations. Round the Rote used to the nearest tenth percent.
Complete the following using present value. (Use the Table provided.) (Do not round intermediate calculations. Round the "Rote used" to the nearest tenth percent. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.) $ Amount desired at end of period On PV Table 12.3 Length of time Rate Compounded Period used Rate used PV factor used 8,000 6 years 6% semiannually PV of amount desired at end of period
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