Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. use these present value tables to answer the quest

Use these present value tables to answer the question that follow Below is a table...

50.1K

Verified Solution

Question

Accounting

image

Use these present value tables to answer the question that follow Below is a table for the present value of $1 at Compound interest. 5% 0.943 0.890 0.840 0.792 0.747 10% 0.909 0.826 0.751 0.683 0.621 Year 12% 0.893 0.797 0.712 0.636 0.567 4 Below is a table for the present value of an annuity of $1 at compound interest. 5% 0.943 1.833 2.673 3.465 4.212 10% 0.909 1.736 2.487 3.170 3.791 Year 12% 0.893 1.690 2.402 3.037 3.605 4 Using the tables above, what would be the present value of $11,513 (rounded to the nearest dollar) to be received four years from today, assuming an earnings rate of 10%? O a. $36,496 Ob. $9,118 Oc. $11,513 Od. $7,863

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

CRM Technologies Build Versus Buy Analysis and Program Management You work for a large Boston based investment firm.  They...

Accounting
Q

For the accompanying data? set, (a) draw a scatter diagram of the? data, (b) compute the...

Statistics
Q

Figure shows a very long smooth non conducting rod of radius r charged with uniform...

Physics
Q

Question 2 A particle approaches from very large distance towards concave mirror along the principal...

Physics
Q

x arcsin x2 dx entry 87 S 5 tan 0 2 cos 0 S 6...

Calculus
Q

Evaluate the integral 29 x x 16 S dx A Which trig substitution is correct...

Calculus
Q

28. Applyleg tho borizontal anulyair, the percuatage change in the cont of revenue from 19....

Accounting
Q

Se agregan 5,0 g de crema a 17,5 C a una taza aislada que contiene...

Accounting
Q

Fox Corporation provides Luke, age 58, with $370,000 of group term life insurance coverage. Luke...

Accounting
Q

A preferred stock from Duquesne Light Company (DQUPRA) pays $3.80 in annual dividends. If the...

Accounting
Q

typing please. no handwriting On December 5, 2019, a hurricane destroyed the merchandise...

Accounting
Q

Fill in the areas in red then work on the question Enter your age here:...

Finance