Question: Complete the following using present value Table 1 2 . 3 or the present value table in the Business Math Handbook. LU 1 2 -

Complete the following using present value Table 12.3 or the present value table in the Business Math Handbook.
LU 12-2(2)
Amount desired at end of period
Length of time
Rate
On PV Table 12.3
Rate used
PV
factor used
PV of amount desired at end of period
Compounded
Period used
12-7. $6,000
8 years
3%
Semiannually

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