Amount Desired at End of Period Length of Time Rate Compounded $ 8,900.00 4 6% Monthly Required: Complete the following using the information above and the present value Table 12.3, the present value table in the Business Math Handbook, or the present value formula to answer the following: Period Used Rate Used PV factor used PV of amount desired at end of period

Amount Desired at End of Period Length of Time Rate Compounded $ 8,900.00 4 6% Monthly Required: Complete the following using the information above and the present value Table 12.3, the present value table in the Business Math Handbook, or the present value formula to answer the following: Period Used Rate Used PV factor used PV of amount desired at end of period

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter15: Capital Investment Analysis

Section: Chapter Questions

Problem 15.2.1MBA

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Amount Desired at End of Period	Length of Time	Rate	Compounded
$ 8,900.00	4	6%	Monthly

Required:

Complete the following using the information above and the present value Table 12.3, the present value table in the Business Math Handbook, or the present value formula to answer the following:

Period Used
Rate Used
PV factor used
PV of amount desired at end of period

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