Using only the information in the table below, approximately how much would you pay today for an investment that pays $0 annual interest, but earns 8 percent interest over the next four years and has a face value at maturity of $13,500? Present Value Factor for Reversion of $1 Period 6% 7% 8% 9% 10% 1 0.943396 0.934579 0.925926 0.917431 0.909091 2 0.889996 0.873439 0.857339 0.841680 0.826446 3 0.839619 0.816298 0.793832 0.772183 0.751315 4 0.792094 0.762895 0.735030 0.708425 0.683013 5 0.747258 0.712986 0.680583 0.644931 0.620921 6 0.704961 0.666342 0.630170 0.596267 0.564474

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Absolutely Based on the information in the table we can calculate the approximate pr... View the full answer