Using the appropriate interest table, compute the present values of the following periodic amounts due at the
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Question:
Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods.
(a)
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$52,650receivable at the end of each period for7periods compounded at11%.(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
Present value$enter the present value in dollars rounded to 0 decimal places
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