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m. Complete the following using present value. (Use the Table provided.) (Do not round intermediate calculations. Round the Rate used to the nearest tenth percent.

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m. Complete the following using present value. (Use the Table provided.) (Do not round intermediate calculations. Round the "Rate used to the nearest tenth percent. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.) Skipped On PV Table 12.3 Length of time Rate Compounded Amount desired at end of period $ 8,000 Period used Rate used PV factor used PV of amount desired at end of period eBook 6 years 6 % semiannually % Future value interest factor of $1 per period at i% for n periods, FVIF(1,n). Period 0.5% 1.0% 1.5% 2.0% 1 1.0050 1.0100 1.0150 1.0200 1.0100 1.0201 1.03021.0404 1.0151 1.0303 10457 1.0612 1.0202 1.0406 1.0614 1.0824 1.0253 1.0510 1.0773 1.1041 6 1.0304 1.0615 1.0934 1.1262 7 1.0355 1.0721 1.1098 1.1487 8 1.0407 1.0829 1.1265 1.1717 9 1.0459 1.0937 1.1434 1. 1951 10 1.0511 1.1046 1.1605 1.2190 11 1.0564 1.1157 1.1779 1.2434 12 1.06171.1268 1.1956 1.2682 13 1.0670 1.1381 1.2136 | 1.2936 14 1.0723 1.1495 12318 1.3195 15 1.07771.1610 1.2502 1.3459 16 1.0831 1.1726 1.2690 1.3728 17 1.0885 1.1843 1.2880 1.4002 2345) fragmTUBE 2.5% 1.0250 1.0506 1.0769 1.1038 1.1314 1.1597 1.1887 1.2184 1.2489 1.2801 1.3121 1.3449 1.3785 1.4130 1.4483 1.4845 1.5216 3.0% 1.0300 1.0609 1.0927 1.1255 1.1593 1.1941 1.2299 1.2668 1.3048 1.3439 1.3842 1.4258 1.4685 1.5126 1.5580 1.6047 1.6528 3.5% 1.0350 1.0712 1.1087 1.1475 1.1877 1.2293 12723 1.3168 1.3629 1.4106 1.4600 1.5111 1.5640 1.6187 1.6753 1.7340 1.7947 4.0% 1.0400 1.08 16 1.1249 1.1699 12167 12653 1.3159 1.3686 1.4233 1.4802 1.5395 1.6010 1.6651 1.7317 1.8009 1.8730 1.9479 4.5% 1.0450 1.0920 1.1412 1.1925 1.2462 1.3023 1.3609 1.4221 1.4861 1.5530 1.6229 1.6959 1.7722 1.8519 1.9353 2.0224 2.1134 5.0% 1.0500 1.1025 1.1576 1.2155 1.2763 1.3401 1.4071 1.4775 1.5513 1.6289 1.7103 1.7959 1.8856 1.9799 2.0789 2.1829 2.2920 5.5% 1.0550 1.1130 1.1742 1.2388 1.3070 13788 1.4547 1.5347 1.6 191 1.7081 1.8021 1.9012 2.0058 2.1161 22325 2.3553 2.4848 6.0% 1.0600 1.1236 1.1910 1.2625 1.3382 14185 1.5036 1.5938 1.6895 1.7908 1.8983 2.0122 2.1329 2.2609 2.3966 2.5404 2.6928 6.5% 1.0650 1.1342 1.2079 1.2865 1.3701 1.4591 1.5540 1.6550 1.7626 1.8771 1.9992 2. 1291 2.2675 2.4149 2.5718 2.7390 2.9170 7.0% 1.0700 1.1449 12250 1.3108 1.4026 15007 1.6058 1.7182 1.8385 1.9672 2.1049 2.2522 2.4098 2.5785 2.7590 2.9522 3.1588 7.5% 1.0750 1.1556 1.2423 1.3355 1.4356 1.5433 1.6590 1.7835 1.9172 2.0610 2.2156 2.3818 2.5604 2.7524 2.9589 3.1808 3.4194 8.0% 1.0800 1.1664 1.2597 1.3605 1.4693 1.5869 1.7138 1.8509 1.9990 2.1589 2.3316 2.5182 2.7196 2.9372 3.1722 3.4259 3.7000

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