(For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a)...
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Accounting
(For calculation purposes, use 5 decimal places as displayed in the factor table provided.)
(a) What is the present value of $30,800 due 12 periods from now, discounted at 9%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $
(b) What is the present value of $30,800 to be received at the end of each of 6 periods, discounted at 11%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $
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