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Use the table below to answer the following questions: Present Value of 1 Factor Present Value...

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Finance

Use the table below to answer the following questions: PresentValue of 1 Factor Present Value of an Annuity of 1 Factor Period1/2 Yr Full-Yr 1/2 Yr Full-Yr 1 0.9578 0.9174 0.9578 0.9174 20.9174 0.8417 1.8753 1.7591 3 0.8787 0.7722 2.7540 2.5313 4 0.84170.7084 3.5957 3.2397 5 0.8062 0.6499 4.4019 3.8897 6 0.7722 0.59635.1740 4.4859 Assumption: Required annual effective rate (EPR) ofreturn is 9%. If an investment pays you $54,000 every 6 months for3 years, what is its present value?

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Following Table provided Present value FactorPresent Value Annuity    See Answer
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