Hensive Final Exam i

Sow$00$

Complete the following using the present value formula of financial calculator. $($Do not round intermediate colculations. Round the "Periodic rate" to the nearest tenth percent. Round your final answer to the nearest cent.$).$

$\backslash$table$[[\backslash$table$[[$Amount$],[$desired at$],[$end of period$]],\backslash$table$[[$Length$],[$of time$]],$Rate,Compounded,$\backslash$table$[[$Period$],[$used$]],\backslash$table$[[$Periodic$],[$rate$]],\backslash$table$[[$PV of amount$],[$desired at$],[$end of period$]]],[-8-100,7$ years,$2\%,$Semiannually,,$\%,]]$