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 Longth of time Perlod used PV of amount desired at end of period Rate Compounded Rate used PV factor used end of period 24 10,400 2 years 18 % Monthly

Drill Problem 12-10 (Algo) (LU 12-2 (2)] Complete the following using present value. (Use the Toble 12.3.) (Do not round intermediate calculations, Round the "PV factor" to 4 decimal places and final answer to the nearest cent.) On PV Table 12.3 Rato Compounded Porlods used Ratsused PV factor used Amount Length desired at of time und of period 21,600 14 years PV of amount desired at and of period 9% Annually