Use the present value table to complete: Note: Round the "PV factor" answer to 4 decimal places. Future Amount Desired 12,000 Length of Time 12 years Rate Compounded 12% semiannually Table Periods Rate Used % P.V. Factor P.V. Amount

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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Use the present value table to complete:
Note: Round the "PV factor" answer to 4 decimal places.
Future Amount
Desired
12,000
Length of Time
12 years
Rato
Compounded
12% semiannually
Table Periods
Rate Used
%
P.V. Factor
P.V. Amount
Transcribed Image Text:Use the present value table to complete: Note: Round the "PV factor" answer to 4 decimal places. Future Amount Desired 12,000 Length of Time 12 years Rato Compounded 12% semiannually Table Periods Rate Used % P.V. Factor P.V. Amount
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