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...


Complete the following using present value. (Use the Table<br>provided.) (Do not round intermediate calculations. Round the<br>

Extracted text: 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 dollar amount.) Amount desired at end of period $6,000 Length of time 8 years Rate 3% Compounded Semiannually On PV Table 12.3- Period used ?, Rate Used ? PV factor used ? PV of amount desired at end of period ? Period used 24 Rate Used 1.5% PV factor used 0.6995 PV of amount desired at end of period $4,197 Period used 8 Rate Used 3% PV factor used 0.7894, PV of amount desired at end of period $6,728 None of the above Period used 4 Rate Used 12% PV factor used 0.6830 PV of amount desired at end of period $4,098.00 Period used 16, Rate Used 1.5%, PV factor used 0.7880, PV of amount desired at end of period $4,728

Jun 01, 2022
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