Amount desired at end of period: $6,500 Length of time: 9 years Rate: 6% Compounded:...
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Accounting
Amount desired at end of period: $6,500
Length of time: 9 years
Rate: 6%
Compounded: semiannually
Period used:
Rate used:
PV factor used:
PV of amount desired at the end of period:
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 cent.)
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