Question: Brief Exercise G-08 Your answer is incorrect. Try again. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed

Brief Exercise G-08


	Your answer is incorrect. Try again.

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 $35,500 due 12 periods from now, discounted at 5%? (Round answer to 2 decimal places, e.g. 25.25.)

Present value

(b) What is the present value of $35,500 to be received at the end of each of 5 periods, discounted at 8%? (Round answer to 2 decimal places, e.g. 25.25.)

Present value

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