calculate the discount factors using formulas round to six decimal places before using the factor in the problem

A. The future value of 13,000 invest 7% for 9 years.

B. The future value of 8 annual payments of $1,450 at 7% interest interest.

c. The amount that must be deposited today present value at 5% to accumulate $69,000 in 5 years.

d. The annual payment of a 9 year 8%, $30,000 notes payable.

Transcribed Image Text:

To determine the appropriate discount factor(s) using tables, click here to view Tables I, II. III. or IV in the appendix. Alternatively, if you calculate the discount factor(s) using a formula, round to six (6) decimal places before using the factor in the problem. Required a. The future value of $13,000 invested at 7 percent for 9 years. b. The future value of eight annual payments of $1,450 at 7 percent interest. c. The amount that must be deposited today (present value) at 5 percent to accumulate $69,000 in five years. d. The annual payment on a 9 year, 8 percent, $30,000 note payable. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D To determine the appropriate discount factor(s) using tables, click here to view Tables I, II. III. or IV in the appendix. Alternatively, if you calculate the discount factor(s) using a formula, round to six (6) decimal places before using the factor in the problem. Required a. The future value of $13,000 invested at 7 percent for 9 years. b. The future value of eight annual payments of $1,450 at 7 percent interest. c. The amount that must be deposited today (present value) at 5 percent to accumulate $69,000 in five years. d. The annual payment on a 9 year, 8 percent, $30,000 note payable. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D