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

A single crystal of a metal that has the FCC crystal structure is oriented such that...

Civil Engineering
Q

A pump is to lift water from a source 10 ft below pump centerline and to...

Mechanical Engineering
Q

For each statement below, argue for or against it. (a) The standard deviation and the coefficient...

General Management
Q

how to tell if an expenditure is being recorded as an asset or if it is...

Accounting
Q

The fruiting bodies of the organism shown below are know as

Biology
Q

3 Consider the diagram below that depicts a transcription bubble Which letter s could represent...

Biology
Q

P when q 18 and r 5 find q when p 345 and r 30...

Algebra
Q

Use the information provided below to answer the following question (same for set of 3...

Accounting
Q

An automotive warehouse stocks a variety of parts that are sold at neighborhood stores. One...

Accounting
Q

Question 10 : What is the overall purchase cost of the batches of CBVB components...

Accounting
Q

Why do companies often allocate a share of service department cost to production departments for...

Accounting
Q

Which of the following bonds would be cheapest to deliver given a T-note futures price...

Finance