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On PV Table 12.3 Amount desired at end of period Length of time Rate Compounded Period used Rate used PV factor used PV of amount

On PV Table 12.3
Amount desired at end of period Length of time Rate Compounded Period used Rate used PV factor used PV of amount desired at end of period
$18,600 10 years 16 % Quarterly %

(Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.)

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