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Question 10 of 10 < > Snow Attempt History Current Attempt in Progress Your answer is incorrect. 0/5 Click here to view the factor

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Question 10 of 10 < > Snow Attempt History Current Attempt in Progress Your answer is incorrect. 0/5 Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $33,000 due 9 periods from now, discounted at 6%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ 13995.23 (b) What is the present value of $33,000 to be received at the end of each of 8 periods, discounted at 11%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ 135676.53 Save for Later Attempts: 1 of 3 used Submit Answer

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