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

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.1MBA
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Use the present value table to complete: (Round the "PV factor" answer to 4 decimal places.)

 

Future Amount Desired Length of Time Rate Compounded Table Periods Rate Used P.V. Factor P.V. Amount
$12,000 12 yrs 12% semiannually   _______%    
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