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

Complete the following using the present value formula or financial calculator.

Complete the following using the present value formula or financial calculator. (Do not round intermediate calculations. Round the "Periodic rate" to the nearest tenth percent. Round your final answer to the nearest cent.) Rate Compounded Amount Length desired at of time end of period $ 7,300 5 years Period used Periodic rate PV of amount desired at end of period 4 % Semiannually %

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