Jeppson Company will receive $50,000 in five years when the interest rate is 6%. Compute the present
Question:
Jeppson Company will receive $50,000 in five years when the interest rate is 6%. Compute the present value of this payment.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Amount of payment 50000 Present value factor of 1 to be paid in 5 periods at 6 intere...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Question Posted:
Students also viewed these Accounting questions
-
Compute the present value of a $100 investment made 6months, 5 years, and 10years from now at 4 percent interest.
-
Compute the present value of the following: a. $100 due in 30 years at 4% compounded annually b. $250 due in 8 years at 8% compounded quarterly c. $1,000 due in 2 years at 12% compounded monthly...
-
Compute the present value of a $ 20,000, one- year note payable that specifies no interest, although 10% would be a realistic rate. What is the true amount of the principal and interest?
-
A newly issued 20-year maturity, zero-coupon bond is issued with a yield to maturity of 8% and face value $1,000. Find the imputed interest income in the first, second, and last year of the bonds...
-
(a) Suppose the income elasticity of demand for pre-recorded music compact disks is +4 and the income elasticity of demand for a cabinet maker's work is +0.4. Compare the impact on pre-recorded music...
-
In small groups, using the five core customer and marketplace concepts, discuss how the following companies address the first step in the marketing process: (a) Uber, (b) Dunkin, (c) Dannon, and (d)...
-
Using real-world examples, evaluate the effects of a tariff, or an international subsidy, or a quota on a specific market for the different stakeholders in an economy.
-
Magna Charter is a new corporation formed by Agnes Magna to provide an executive flying service for the southeastern United States. The founder thinks there will be a ready demand from businesses...
-
Discuss how individual factors influence decision-making skills - Analyze how exposure to various decision-making scenarios, feedback mechanisms, and learning opportunities can enhance an employee's...
-
Dean's Furniture Company assembles regular and deluxe kitchen cabinets from precut lumber. The regular cabinets are painted white, and the deluxe are varnished. Both painting and varnishing are...
-
From the standpoint of a lender, which is more attractive: a high times interest earned ratio or a low times interest earned ratio? Explain. Discuss.
-
Casciani Company invests $61,000 today in a savings account that earns 10% compounded annually. What will be the balance in the savings account 10 years from today (e.g., future value)?
-
How is a common-size balance sheet created?
-
The balance sheet for Stud Clothiers is shown. Sales for the year were $3,990,000, with 75 percent of sales sold on credit. compute Current ratio , quick ratio, debt to total assets ratio, asset...
-
Using this table, what would be the average tax rate for a single person making $50,000 Taxable Income (dollars) Single Taxpayers Taxable Income (dollars) Married Taxpayers Filing Joint Returns...
-
Make a program that manages the student information 1. Make a class for "Student" and a class "Course" Student Integer sid; - String sname; - ArrayList clist; - - - String cid; String cname; Integer...
-
Assume that U.S. Medware is a constant growth company whose last dividend per share (DO) was $1.00. The dividend is expected to grow at a constant rate of 9 percent per year. What is the stock's...
-
The sustainability manager is concerned about the long term sustainability implications of Deluxe boxe: changing to sustainable materials for the production of a Sustainable Deluxe Box. If the...
-
Develop root locus plots for the systems shown in Fig. D5.2 (a) and (b) for K ranging from 0 to \(\infty\). Find asymptotic angles, centroid, approximate break away/entry points, angles of departure...
-
What is the mode?
-
The parallel circuit in Fig. 10-27 has a total average power of 1500 W. Obtain the total power-triangle information. U 9 U U E! 20
-
The property (building and land) probably can be sold for $3 million at the end of 20 years. Project B: An insurance company is seeking to borrow money for 90 days at 13 3/4%per annum, compounded...
-
The Raleigh Soap Company has been offered a 5-year contract to manufacture and package a leading brand of soap for Taker Bros. It is understood that the contract will not be extended past the 5 years...
-
The contract offered by Taker Bros. is a favorable one, which Raleigh Soap plans to accept. Raleigh management has set a 15% before-tax minimum attractive rate of return as the criterion for any of...
-
You earn 10% (R1) in year 1.-5% (R2) in year 2 and 25% (R3) in year3 a) What is your arithmetic average return? b) What is your geometric average return? c) What is your IRR if you invested $100 at...
-
Consider the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Recession 0.21 -0.06 Normal 0.45 0.13 Boom 0.34 0.22 Required: Calculate the...
-
16. A property is sold for $5,100,000. The mortgage balance at the time of the sale is $3,600,000. The property was purchased 5 years ago for S4, 820,000 and annual depreciation has been S IS 3,0 I 6...
Study smarter with the SolutionInn App