Question: Complete the following using the present value formula or financial calculator. (Do not round intermediate calculations. Round your final answer to the nearest cent.) Rate

Complete the following using the present value formula or financial calculator. (Do not round intermediate calculations. Round your final answer to the nearest cent.) Rate Compounded Amount Length desired at of time end of period 22,300 12 years Period used Periodic rate PV of amount desired at end of period 11 % Annually

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