Question: Drill Problem 1 2 - 7 ( Algo ) [ LU 1 2 - 2 ( 2 ) ] Complete the following using present value.

Drill Problem 12-7(Algo)[LU 12-2(2)]
Complete the following using present value. (Use the Table 12.3 provided.)
Note: 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.
Answer is not complete.
\table[[\table[[Amount],[desired at],[end of period]],\table[[Length],[of time]],Rate,Compounded,On PV Table 12.3,\table[[PV factor],[used]],{
\table[[PV of amount],[desired at],[end of period]]}],[\table[[Period],[used]],Rate used],[$6,200,6 years,3,%,Semiannually,,%,,$,5,192.5
 Drill Problem 12-7(Algo)[LU 12-2(2)] Complete the following using present value. (Use

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