Question: Complete the following using the present value formula or financial calculator. (Do not round intermediate calculations. Round the Periodic rate to the nearest hundredth percent.

Complete the following using the present value formula or financial calculator. (Do not round intermediate calculations. Round the "Periodic rate" to the nearest hundredth percent. Round your final answer to the nearest cent.) Rate Amount desired at Length end of period of time 9.400 years Compounded Period used Periodic rate PV of amount desired at end of period 3 Monthly Prey 2 of 12 Next >

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