Computation of present value

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Reference no: EM13950897

Computation of Present Value

Using the appropriate interest table, compute the present values of the periodic amounts, shown on page 344, due at the end of the designated periods.

(a) $50,000 receivable at the end of each period for 8 periods compounded at 12%.

(b) $50,000 payments to be made at the end of each period for 16 periods at 9%.

Reference no: EM13950897

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