Amount desired at End of period: $24,000 Length of Time (years): 4 Annual Rate: 8% Compounding periods per year: 4 1 number of compounding periods  2. Periodic interest rate- 3. PV factor used- 4. PV of amount desired at end of period-

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Amount desired at End of period: $24,000

Length of Time (years): 4

Annual Rate: 8%
Compounding periods per year: 4

1 number of compounding periods 

2. Periodic interest rate-

3. PV factor used-

4. PV of amount desired at end of period- 

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