What is the present value on January 1, 2019, of $10,000 to be received on January 1,
Question:
What is the present value on January 1, 2019, of $10,000 to be received on January 1, 2023, and discounted at 6% compounded quarterly?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
PV 10000 p...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
Intermediate Accounting Reporting and Analysis
ISBN: 978-1337788281
3rd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Question Posted:
Students also viewed these Business questions
-
What is the future value on December 31, 2025, of 6 annual cash flows of $50,000 with the first cash flow being made on December 31, 2019, and interest at 9% compounded annually?
-
What is the future value on December 31, 2024, of 6 annual cash flows of $50,000 with the first cash flow being made on December 31, 2019, and interest at 9% compounded annually?
-
On July 1, 2019, Boston Company purchased a machine at a cost of $80,000. It paid $56,046.06 in cash and signed a 10% note for the difference. This note is to be paid off in annual installments of...
-
CPA firm brings in a yoga instructor during the tax busy season to help relieve stress of the employees. Which is true about the CPA firm's ability to take a deduction for the yoga instructor's...
-
Find all possible Jordan forms of a transformation with characteristic polynomial (x - 1)3(x + 2).
-
Texas Instruments Incorporated and Intel Corporation report the following information: a. Compute the 2018 PPE turnover for both companies. Comment on any difference you observe. b. Discuss ways in...
-
The data in the table were obtained by members of departments at Harvard Medical School, Massachusetts General Hospital, Dartmouth College, Dartmouth Medical School, and the University of California...
-
Do conflicts of interest exist between wanting to make your patient happy and providing the best medical care possible? Why or why not?
-
Indirect materials Indirect labor other overhead Overhead applied Star Promotions Star Promotions $ 22,000 Valle Builders $ 12,500 46,000 46,500 17,000 47,000 88,000 105,000 1-a. Determine whether...
-
What should Stephen do to maintain standards and ensure that all the guest rooms are serviced? It is no secret that in all hotels the director of housekeeping must be able to react quickly and...
-
What is the present value on January 1, 2019, of $40,000 to be received on January 1, 2022, and discounted 8% compounded annually?
-
What will be the future value on December 31, 2023, of 5 annual $60,000 deposits starting on December 31, 2019, if the amounts earn 8% compounded annually?
-
Refer to the information from Exercise 8-17. Compute and interpret the following. 1. Variable overhead spending and efficiency variances. 2. Fixed overhead spending and volume variances. 3....
-
Calculate the friction and normal force under the 620N drum. Assume it is not sliding. 200 30% 0.75m 1.25m Answer(s):
-
a) b) Based on Table 1, draw a diagram to show the distributed database environment scenario. Table CAMPUS STUDENT STAFF ELEARNING Table 1: DDBMS Environment Fragments CAMPUS 1 CAMPUS 2 N/A N/A N/A...
-
Suppose you own 30/60/20 auto insurance and run into a new BMW, causing $55,000 of damage. Your own vehicle is fine. Your deductible is $1,000. How much will this wreck cost you?
-
A 3 in cylindrical billet is to be reduced to 2.5 in over a length of 30 in. If the lathe operational parameters are a speed of 150 rpm, feed rate of 5 in/min, a cutting force of 800 lbf, and a fool...
-
The budget equation 2X + 3Y = 12 suggests that price per unit of Good X = $2, price per unit of Good Y = $3 and total income, I = $12. a) Use your mathematical calculation to determine the end-points...
-
On May 2, Nanjing Ltd. lends 7,600,000 to Cortland Ltd., issuing a 3-month, 7% note. At the maturity date, August 2, Cortland indicates that it cannot pay. Instructions (a) Prepare the entry to...
-
CdF2 (s) Cd+ (aq) + 2 F- (aq) 1. A saturated solution of CdF2 is prepared. The equilibrium in the solution is represented above. In the solution [Cd+] eq = 0.0585 M and [F-] eq = 0.117 M. a....
-
Davenport Department Store converted from the conventional retail method to the LIFO retail method on January 1, 2025, and is now considering converting to the dollar-value LIFO inventory method....
-
At December 31, 2025, Indigo Girls Company has outstanding noncancelable purchase commitments for 36,000 gallons, at $3.00 per gallon, of raw material to be used in its manufacturing process. The...
-
Diderot Stores Inc., which uses the conventional retail inventory method, wishes to change to the LIFO retail method beginning with the accounting year ending December 31, 2025. Amounts as shown...
-
Suppose a developing country currently has a GDP per capita of $1,300 and has a goal of doubling its average standard of living in 8 years. What will be the approximate annual economic growth rate...
-
In Python Compute a root of the function f(x) = x-2 using the secant method with initial guess x = 1.5 and x = 1. Choose a different initial guess and compute another root of the function f(x).
-
Given that A F = c(t)-dt+2m(t)-di where A = 5, T = /4, T = /2, In Python c(t) = cos(t) sin(t) and m(t)=sin(t) = cos(t). Use Trapezoid Method to compute the denominator of the above formula and then...
Study smarter with the SolutionInn App