Using the appropriate interest table, compute the present values of the periodic amounts, due at the end of the designated periods.
(Use the table below.)
$51,090 receivable at the end of each period for 7 periods compounded at 12%. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
Present value=$51090*Present value of annuity factor(12%,7)