Amount Desired at End of Period
$17,600.00
Length of Time
7
1. Period Used
2. Rate Used
23. PV factor used
3 4. PV of amount desired at end of period
Rate
2%
Compounded
Quarterly
Required:
Complete the following using the information above and the present value Table 12.3
or the present value table in the Business Math Handbook or the present value
formula to answer the following:
Note: Use cells A2 to D3 from the given information to complete this question.
