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View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. Click here...

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Accounting

View Policies
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Click here to view the factor table.
(a) What is the present value of $35,500 due 9 periods from now, discounted at 5%?(For calculation purposes, use 5 decimal places
as displayed in the factor table provided. Round answer to 2 decimal places, e.g.25.25.)
Present value of an amount
(b) What is the present value of $35,500 to be received at the end of each of 6 periods, discounted at 9%?(For calculation purposes,
use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g.25.25.)
Present value of an annuity
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