Calculate the present value of the following amounts: 1. $ 12,000 at the end of five years
Question:
1. $ 12,000 at the end of five years at 10%
2. $ 12,000 a year at the end of the next five years at 10%?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
1 12000 621 PV of 1 ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Financial Accounting
ISBN: 978-0134127620
11th edition
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
Question Posted:
Students also viewed these Cost Accounting questions
-
Calculate the present value of the following amounts: 1. $10,000 at the end of five years at 8% 2. $10,000 a year at the end of the next five years at 8%
-
Calculate the present value of the following cash flows, rounding to the nearest dollar: a. A single cash inflow of $12,000 in five years, discounted at a 12% rate of return. b. An annual receipt of...
-
A living roof is a roof of a building that is completely covered with grass or other vegetation planted over a waterproof layer (to protect the building interior). The Ford Motor Company's Rouge...
-
Linda has d dollars in an account that pays 1.4% interest, compounded weekly. She withdraws w dollars. Express her first weeks interest algebraically.
-
How is the cost of ending inventory calculated in a process costing system?
-
Find all balanced strings of parentheses with four or fewer symbols.
-
The [+45/-45] laminate described in Problem 7.6 is subjected to a uniaxial force per unit length \(N_{x}=30 \mathrm{MPa} \mathrm{mm}\). Find the resulting stresses and strains in each ply along the...
-
S. Noble and T. Wells share income on a 6 : 4 basis. They have capital balances of $100,000 and $70,000, respectively, when W. Trinity is admitted to the partnership. Instructions Prepare the journal...
-
Write a javascript program to display the grade of a student 1) Text 1-Student Name 2) Text 2-Student Id 3) Text 3 - Mark 4) Button - When you click the button display the grade in Paragraph (apply...
-
The first case at the end of this chapter and each of the remaining chapters is a series of integrative cases involving Starbucks. The series of cases applies the concepts and analytical tools...
-
Broadbent Insurance purchased $100,000 of 5.5% DGM bonds on January 1, 2016, at a price of 90 when the market rate of interest was 8%. Broadbent intends to hold the bonds until their maturity date of...
-
Chaplin Leasing leased a car to a customer. Chaplin will receive $150 a month for 60 months. 1. What is the present value of the lease if the annual interest rate in the lease is 12%? Use the PV...
-
a. Discuss whether or not genetics plays a role in HIV infection, providing at least one example to illustrate your position. b. Provide evidence in support of or refuting the following statement: An...
-
The bookkeeper records and maintains the accounts payable, which is a record of _______. Group of answer choices the money that the dental practice owes to others outstanding fees that have been sent...
-
Which sentences contain commonly misused verbs that are used correctly? Instruction: Choose all options that best answer the question. Answer Choices The market developments affected the company's...
-
Karl and Jennifer have come to you to assess their insurance needs. Karl is a supervisor in a manufacturing company and earns $70,000 per year, and Jennifer works as a assistant in a financial firm...
-
When a finance lease has a guaranteed residual, the lessee will recognize Multiple choice question. neither a gain nor a loss when it transfers the residual to the lessor at the end of the lease. a...
-
An example of a non-taxable benefit is: Question 41 options: Use of an employer's car for personal use. Tuition paid for job related training. Interest free loans. Free lunches every day in the...
-
What are extensions?
-
9.Consider the reaction 3NO2(g)+H2O=2HNO3(aq)+NO(g) where Delta H=-137 kJ.How many kilojoules are released when 92.3g of NO2 reacts?
-
On December 31, 2011, Stitch Company had 1,300,000 shares of $5 par common stock issued and outstanding. The stockholders equity accounts at December 31, 2011, had the balances listed here. Common...
-
The ledger of Zeta Corporation at December 31, 2012, after the books have been closed, contains the following stockholders equity accounts. Preferred Stock (10,000 shares issued)...
-
Melvina Corporation has been authorized to issue 20,000 shares of $100 par value, 7%, noncumulative preferred stock and 1,000,000 shares of no-par common stock . The corporation assigned a $5 stated...
-
A friend owes you $500 in 1 year from now, and then $1000 2 years from now. Both loans are at 5%. If you want to replace both of these loans with ONE PAYMENT NOW, how much would your friend give you ?
-
If the amount of retained earnings at the beginning of the year was $ 3 0 , 0 0 0 , and $ 1 2 , 0 0 0 in dividends is paid during the year, calculate net income for the year.
-
On January 2, 20Y4, Whitworth Company acquired 33% of the outstanding stock of Aloof Company for $330,000. For the year ended December 31, 20Y4, Aloof Company earned income of $86,000 and paid...
Study smarter with the SolutionInn App