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Complete the formulas by filling the blanks with the correct values and then calculate the factor. All percents should be entered as decimals, and therefore
Complete the formulas by filling the blanks with the correct values and then calculate the factor. All percents should be entered as decimals, and therefore should NOT include a percent sign. (Always round to four decimal places when performing calculations, and then enter the Factor including four decimal places.) To finish the activity, find and enter the factor from the correct table; factor should be entered including four decimal places
Present value of an ordinary annuity factor for 18 period(s) at 8%: PV Factor ((1-(1/(1+ I/Y N )/ INY ((1-(1/(1+ 0.08 18 0 ) Table Factor: 9.3719 Future value of an ordinary annuity factor for 3 period(s) at 10%: FV Factor ((1+ I/Y N -1)/ I/Y ((1+ 0.1 ^ 3 -1)/ Table FactorStep by Step Solution
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