Use the present value table to complete: (Round the "PV factor" to 4 decimal places and final answer to the nearest cent.)       Future Amount Desired Length of Time Rate Compounded Table Period   Rate Used P.V. Factor P.V. Amount $11,000 6 yrs 12% quarterly   %

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" to 4 decimal places and final answer to the nearest cent.)

 

 
 
Future Amount Desired Length of Time Rate Compounded Table Period   Rate Used P.V. Factor P.V. Amount
$11,000 6 yrs 12% quarterly   %      
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