Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. present and future value tables of $1 at 9% are pr

Present and future value tables of $1 at 9% are presented below. ...

80.2K

Verified Solution

Question

Accounting

Present and future value tables of $1 at 9% are presented below.

PV of $1 FV of $1 PVA of $1 FVAD of $1 FVA of $1
1 0.91743 1.09000 0.91743 1.0900 1.0000
2 0.84168 1.18810 1.75911 2.2781 2.0900
3 0.77218 1.29503 2.53129 3.5731 3.2781
4 0.70843 1.41158 3.23972 4.9847 4.5731
5 0.64993 1.53862 3.88965 6.5233 5.9847
6 0.59627 1.67710 4.48592 8.2004 7.5233

Mustard's Inc. sold the rights to use one of its patented processes that will result in cash receipts of $3,500 at the end of each of the next five years and a lump sum receipt of $5,000 at the end of the sixth year. The total present value of these payments if interest is at 9% is:

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1.) The following reaction was carried out in a 2.50L reaction vessel at 1100 K: C(s)+H2O(g)?CO(g)+H2(g) If during...

Chemistry
Q

what is the possible impact on self esteem of an adolescent who move to a new...

Psychology
Q

19 Cadmium and Boron rods are used in a nuclear reactor to 1 slow down...

Physics
Q

Find the sum of the first five terms of the geometric sequence 1 6 36...

Geometry
Q

HW 2 1 What values of u and v are correct for the following 45...

Geometry
Q

Identify the restrictions on the domain of f x Ox 5 Ox 5 Ox 2...

Algebra
Q

6. Este ao, Amanda pag $749 en impuestos federales sobre donaciones en una transferencia gratuita...

Accounting
Q

Data table Requirements Prepare a budgeted income statement with columns for 500 units, 600...

Accounting
Q

How to calculate the tax? ...

Accounting
Q

(6) Why does the company have preferred stock outstanding? (7) Based on information provided in...

Accounting
Q

Problem 21-4A Break-even analysis; income targeting and forecasting LO C2, P2, A1 Problem...

Accounting
Q

An investment time horizon is the period of time one expects to hold an investment...

Finance