Please use the Table above

Complete the following using present value. (Use the Table above.) (Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the nearest dollar amount.) Amount desired at end of period Length of time Rate Compounded On PV Table 12.3 PV factor used PV of amount desired at end of period Period used Rate used $20,000 20 years 8% Annually % $

TABLE 12.3 P Present value of $ at end of period Period 9852 -9804 9709 9246 8890 8548 9524 9070 8638 8227 .9259 8573 .7938 7350 6806 9803 8900 9423 8163 -7629 .9706 7722 9422 6830 6209 5645 5132 8885 9057 8626 6499 9420 9327 9235 7462 7107 6768 6446 5835 .5403 5002 4632 4289 5470 5019 4604 8706 -6227 -7894 8368 8203 8043 7885 7026 6756 6496 6246 6006 6274 5919 5584 5268 4970 8746 10 .9053 -5083 5847 3875 8874 8787 8700 12 5568 8240 3262 2992 2745 2897 4423 2633 15 5553 3624 8528 7880 6232 3387 17 6050 2703 7002 2959 2765 2584 2502 19 7536 5703 3769 3589 6598 5375 2942 8034 7207 4220 2257 2618 2470 2330 2198 2074 23 7954 5067 4057 6995 0923 0839 0763 0693 0630 25 7798 7720 7644 2953 5976 5859 5744 4637 4502 6790 3607 0976 0895 0822 6690 2678 3207 2429 5000 4529 0676 0490 3066 2083 Note: For more detalled tables, see your booklet,he Busness Math Handbook