Question: Complete the following using present value. (Please use the following provided Table.) (Do not round intermediate calculations. Round the PV factor to 4 decimal places
Complete the following using present value. (Please use the following provided Table.) (Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.)
Amt. desired at the end of the period - $21,300
Length of time 11 years
Rate 11% Compounded semi annually
Period Used? Rate Used? PV factor used? PV of amount desired at the end of the period? $_____________
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