Solve this please thank you :DOn December Cullumber Company rendered services to Riverbed Corp. at an agreed price of $ In payment,
Cullumber accepted $ cash and agreed to receive the balance in four equal installments of $ that are due each
December starting in An interest rate of is applicable.
Click here to view the factor table PRESENT VALUE OF
Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF
The tables in this problem are to be used as a reference for this problem.
a
Your answer is incorrect.
Calculate the value of the note receivable at December Round answer to decimal places, eg For calculation
purposes, use decimal places as displayed in the factor table provided.
