For each of the following situations, identify the correct factor to use from Tables 1 or 2

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For each of the following situations, identify the correct factor to use from Tables 1 or 2 in Appendix A. Also, compute the appropriate present value.
1. Annual net cash inflows of $10,000 for five years, discounted at 6 percent
2. An amount of $20,000 to be received at the end of ten years, discounted at 4 percent
3. The amount of $10,000 to be received at the end of two years, and $7,000 to be received at the end of years 4, 5, and 6, discounted at 10 percent
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Managerial Accounting

ISBN: 978-1133940593

10th edition

Authors: Susan V. Crosson, Belverd E. Needles

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