what is the present value future value 157,216 interest rate period = 0.01 number of periods =29

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what is the present value

future value 157,216

interest rate period = 0.01

number of periods =29

formal instructions

answers should be in the nearest dollar

do not round intermediary calculation. use full precision of your collator or excel

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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Posted Date: May 08, 2023 02:37 AM

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what is the present value future value 157,216 interest rate period = 0.01 number of periods =29

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Expert Answer:

To calculate the present value we can use the formula PV FV 1 rn where PV is ... View the full answer

Intermediate Accounting

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