Question: 11 97% 4:07 AM Dri Problem 12-7 [LU 12-2 (2)] Complete the following using present value. (Use the Table provided.) (Do not round intermediate calculations.

11 97% 4:07 AM Dri Problem 12-7 [LU 12-2 (2)] Complete

11 97% 4:07 AM Dri Problem 12-7 [LU 12-2 (2)] Complete the following using present value. (Use the Table provided.) (Do not round intermediate calculations. Round the "Rate used" to the nearest tenth percent. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.) On PV Table 12.3 Amount desired at end of period $8,400 Length of time 10 years PV of amount desired at end of period Period used Rate used PV factor used Rate 8% semiannually Compounded Re ferences eBook & Resources Worksheet Difficulty: 1 Easy Drill Problem 12-7 [LU 12-2 (2)] Learning Objective: 12-02 (2) Compute present value by table lookup Check my work

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