Question: m. Complete the following using present value. (Use the Table provided.) (Do not round intermediate calculations. Round the Rate used to the nearest tenth percent.


m. 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.) Skipped On PV Table 12.3 Length of time Rate Compounded Amount desired at end of period $ 8,000 Period used Rate used PV factor used PV of amount desired at end of period eBook 6 years 6 % semiannually % Future value interest factor of $1 per period at i% for n periods, FVIF(1,n). Period 0.5% 1.0% 1.5% 2.0% 1 1.0050 1.0100 1.0150 1.0200 1.0100 1.0201 1.03021.0404 1.0151 1.0303 10457 1.0612 1.0202 1.0406 1.0614 1.0824 1.0253 1.0510 1.0773 1.1041 6 1.0304 1.0615 1.0934 1.1262 7 1.0355 1.0721 1.1098 1.1487 8 1.0407 1.0829 1.1265 1.1717 9 1.0459 1.0937 1.1434 1. 1951 10 1.0511 1.1046 1.1605 1.2190 11 1.0564 1.1157 1.1779 1.2434 12 1.06171.1268 1.1956 1.2682 13 1.0670 1.1381 1.2136 | 1.2936 14 1.0723 1.1495 12318 1.3195 15 1.07771.1610 1.2502 1.3459 16 1.0831 1.1726 1.2690 1.3728 17 1.0885 1.1843 1.2880 1.4002 2345) fragmTUBE 2.5% 1.0250 1.0506 1.0769 1.1038 1.1314 1.1597 1.1887 1.2184 1.2489 1.2801 1.3121 1.3449 1.3785 1.4130 1.4483 1.4845 1.5216 3.0% 1.0300 1.0609 1.0927 1.1255 1.1593 1.1941 1.2299 1.2668 1.3048 1.3439 1.3842 1.4258 1.4685 1.5126 1.5580 1.6047 1.6528 3.5% 1.0350 1.0712 1.1087 1.1475 1.1877 1.2293 12723 1.3168 1.3629 1.4106 1.4600 1.5111 1.5640 1.6187 1.6753 1.7340 1.7947 4.0% 1.0400 1.08 16 1.1249 1.1699 12167 12653 1.3159 1.3686 1.4233 1.4802 1.5395 1.6010 1.6651 1.7317 1.8009 1.8730 1.9479 4.5% 1.0450 1.0920 1.1412 1.1925 1.2462 1.3023 1.3609 1.4221 1.4861 1.5530 1.6229 1.6959 1.7722 1.8519 1.9353 2.0224 2.1134 5.0% 1.0500 1.1025 1.1576 1.2155 1.2763 1.3401 1.4071 1.4775 1.5513 1.6289 1.7103 1.7959 1.8856 1.9799 2.0789 2.1829 2.2920 5.5% 1.0550 1.1130 1.1742 1.2388 1.3070 13788 1.4547 1.5347 1.6 191 1.7081 1.8021 1.9012 2.0058 2.1161 22325 2.3553 2.4848 6.0% 1.0600 1.1236 1.1910 1.2625 1.3382 14185 1.5036 1.5938 1.6895 1.7908 1.8983 2.0122 2.1329 2.2609 2.3966 2.5404 2.6928 6.5% 1.0650 1.1342 1.2079 1.2865 1.3701 1.4591 1.5540 1.6550 1.7626 1.8771 1.9992 2. 1291 2.2675 2.4149 2.5718 2.7390 2.9170 7.0% 1.0700 1.1449 12250 1.3108 1.4026 15007 1.6058 1.7182 1.8385 1.9672 2.1049 2.2522 2.4098 2.5785 2.7590 2.9522 3.1588 7.5% 1.0750 1.1556 1.2423 1.3355 1.4356 1.5433 1.6590 1.7835 1.9172 2.0610 2.2156 2.3818 2.5604 2.7524 2.9589 3.1808 3.4194 8.0% 1.0800 1.1664 1.2597 1.3605 1.4693 1.5869 1.7138 1.8509 1.9990 2.1589 2.3316 2.5182 2.7196 2.9372 3.1722 3.4259 3.7000
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