Facts PV: FV: $162,000 Annual Interest Rate: 2096 1/Y: 596 n: (Number of years) 10...
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Facts PV: FV: $162,000 Annual Interest Rate: 2096 1/Y: 596 n: (Number of years) 10 N: (Number of compounding periods) 40 Compounded (Y): Quarterly Table Method PV FV X Factor 162000 Using provided data, solve for present value. Use the I/Y and N values when looking up the factor in the tables. Do NOT use the annual values. Round your final answer to the nearest whole dollar
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