Question: Rate 4. Complete the following using present value Table 12.3 on page 311: Amount Length Interest PV Factor Period Compounded Desired at of Time Used

Rate 4. Complete the following using present value Table 12.3 on page 311: Amount Length Interest PV Factor Period Compounded Desired at of Time Used Used Used end of Period Rate PV of amount desired at end of Period a. $6,000 8 b. $8,900 2 c. $17,600 7 d. $50,000 20 e. $100,000 10 3% 12% 12% 8% 8% Semiannually Monthly Quarterly Semiannually Quarterly

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