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Use present value tables to compute the present value of $500,000 to be paid in 10 years, with an interest rate of 8 percent. (Future
Use present value tables to compute the present value of $500,000 to be paid in 10 years, with an interest rate of 8 percent. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided. Round "Present Value" to nearest whole dollar amount.) Answer is not complete. Table Function: Present Value of $1 Future Value: n = 10 i= 8 % Present Value: $ 231,600
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