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Use the present value table ( 1 2 . 3 ) to complete : Note : Round the PV factor answer to 4

Use the present value table

(12.3)

to complete : Note : Round the

"

PV factor

"

answer to

4

decimal places

.

Future Amount Desired $

9, 000

Length of Time

20

years Rate Compounded

10 %

semiannually Table Period? Rate Used? A PV

.

Factor? P

.

.

Amount?

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