Question: . Below is a table for the present value of$1 at Compound interest. Year 1096 1296 0.797 0.712 0.636 0.792 0.747 0 683 Below is

. Below is a table for the present value of$1 at

Below is a table for the present value of$1 at Compound interest. Year 1096 1296 0.797 0.712 0.636 0.792 0.747 0 683 Below is a table for the present value of an annuity of $i at compound interest. Year 69% 0.943 1.833 2.673 3465 4.212 109% 0.909 1.736 2.487 3.170 3.791 0.893 1.690 2.402 3.037 3.605 Using the tables above, if an investment is made now for $19.586.00 that will generate a cash intlow of $2.350.32 a year for the next 4 years,what would be the net present value (rounded to the nearest dollar) of the investment (assuming an earnings rate of 12%)? Select the correct

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

A project has estimated annual cash flows of $95,000 for 4 years and is estimated to cost $260,000. Assume a minimum acceptable rate of return of 10%. Following is a table for the present value of $1...

Below is a table for the present value of $1 at compound interest. Year 1 0 .943 0.890 0.840 0.792 0.747 10% 0.909 0.826 0.751 0.683 0.621 12% 0.893 0.797 0.712 0.636 0.567 Below is a table for the...

Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Following is...

16. Below is a table for the present value of $1 at compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Below is a...

Below is a table for the present value of $1 at compound interest. Year 6% 0.943 0.890 0.840 0.792 0.747 10% 0.909 0.826 0.751 0.683 0.621 12% 0.893 0.797 0.712 0.636 0.567 Below is a table for the...

16. Below is a table for the present value of $1 at Compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Below is a...

Below is a table for the present value of $1 at Compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Below is a table...

Below is a table for the present value of $1 at compound interest. Year 696 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 0.792 0.683 0.636 0.747 0.621 0.567 Below is a table...

6 Below is a table for the present value of $1 at Compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Below is a...

Many companies use budgets for three purposes. First, they use them to plan how to deploy resources to best serve customers. Second, they use them to establish challenging goals, or stretch targets,...

A person walks in the following pattern: 3.1km north, then 2,4km west, and finally 5.2km south. (a) Sketch the vector diagram that represents this motion. (b) How far and (c) In what direction would...

16. Faith Battle operates a health-food store, and she has been the only employee. Her business is growing, and she is considering hiring some additional staff to help her in the store. Explain to...

supply chain and service industry

Identify the different HR tools mobilized in the management of the staggered launch of the two production sites. In your opinion, what are the operational implications of the tools used? Have...

=+3. What are the pros and cons of using patronage to fill government positions?

=+1. What were the perceived advantages of the Civil Service Commission over the spoils system?