Present Value Using the present value tables, solve the following problems. (Click here to access...
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Present Value Using the present value tables, solve the following problems. (Click here to access the PV and FV tables to use with this problem.) Round your answers to two decimal places. Required: What is the present value on January 1, 2019, of $30,000 due on January 1, 2024, and discounted at 12% compounded annually? $ fill in the blank 1 17,022.81 What is the present value on July 1, 2019, of $8,000 due January 1, 2024, and discounted at 16% compounded quarterly? $ fill in the blank 2 What is the amount of the present value discount (the difference between future value and present value) on $8,000 due at the end of 5 years at 10% compounded annually? $ fill in the blank 3
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