Question: Use present value tables to compute the present value of $400,000 to be paid in 20 years, with an interest rate of 7 percent. (Future

 Use present value tables to compute the present value of $400,000

Use present value tables to compute the present value of $400,000 to be paid in 20 years, with an interest rate of 7 percent. (Future Value of \$1. Present Value of \$1, Future Value Annuity of \$1, Present Value Annuity of \$1) (Use appropriate factor(s) from the tables provided. Round "Present Value" to nearest whole dollar amount.)

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