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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
E6-5 (Computation of Present Value) Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods. (Round only the final answer for (c) to 2 decimal places, e.g. 10,250.25.) (a) $50,000 receivable at the end of each period for 8 periods compounded at 12%. $____________ (b) $50,000 payments to be made at the end of each period for 16 periods at 9%. $____________________ (c) $50,000 payable at the end of the seventh, eighth, ninth, and tenth periods at 12%. $__________________
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