Question: Brief Exercise G-08 Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a)
Brief Exercise G-08 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 $28,000 due 13 periods from now, discounted at 5%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $enter a dollar amount rounded to 2 decimal places (b) What is the present value of $28,000 to be received at the end of each of 6 periods, discounted at 10%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $enter a dollar amount rounded to 2 decimal places
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